Swiss Franc Retreats Against Majors
April 23 2017 - 08:36PM
RTTF2
The Swiss franc retreated from recent highs against the other
major currencies in the Asian session on Monday.
The Swiss franc fell to nearly a 1-1/2-month low of 1.0815
against the euro, from a recent high of 1.0780.
Against the U.S. dollar and the yen, the Swiss franc dropped to
0.9981 and 110.19 from an early near 4-week highs of 0.9896 and
111.59, respectively.
The franc edged down to 1.2765 against the pound, from an early
6-day high of 1.2686.
If the franc extends its downtrend, it is likely to find support
around 1.09 against the euro, 1.01 against the greenback, 108.00
against the yen and 1.29 against the pound.
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