Swiss Franc Retreats Against Majors
May 21 2015 - 3:00AM
RTTF2
The Swiss franc retreated from early highs against the other
major currencies ahead of European session on Thursday.
The Swiss franc fell to 1.4570 against the pound, from an early
high of 1.4519.
Pulling away from an early 1-week high of 1.0382 against the
euro, a 3-day high of 129.74 against the yen and a 2-day high of
0.9333 against the U.S. dollar, the franc dropped to 1.0412, 129.02
and 0.9381, respectively.
If the Swiss franc extends its downtrend, it is likely to find
support around 1.50 against the pound, 1.05 against the euro,
125.00 against the yen and 0.97 against the greenback.
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