Swiss Franc Rises Against Majors
May 25 2015 - 2:05AM
RTTF2
The Swiss franc strengthened against the other major currencies
in the late Asian session on Monday.
The Swiss franc rose to more than a 2-week high of 1.0348
against the euro, from Friday's closing value of 1.0381.
Against the pound, the U.S. dollar and the yen, the franc edged
up to 1.4575, 0.9416 and 129.14 from last week's closing quotes of
1.4594, 0.9427 and 128.62, respectively.
If the Swiss franc extends its uptrend, it is likely to find
resistance around 1.02 against the euro, 1.43 against the pound,
0.90 against the greenback and 131.50 against the yen.
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