Swiss Franc Rises Against Majors
July 26 2016 - 9:12PM
RTTF2
The Swiss franc strengthened against the other major currencies
in the Asian session on Wednesday.
The Swiss franc rose to nearly a 2-month low of 0.9929 against
the U.S. dollar and nearly a 2-week low of 1.0909, from early lows
of 0.9910 and 1.0896, respectively.
Against the pound and the yen, the franc edged up to 1.3000 and
107.37 from early lows of 1.3056 and 105.39, respectively.
If the Swiss franc extends its uptrend, it is likely to find
resistance around 100.00 against the greenback, 1.10 against the
euro, 1.25 against the pound and 110.00 against the yen.
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