Swiss Franc Rises Against Majors
August 29 2016 - 11:14PM
RTTF2
The Swiss franc strengthened against the other major currencies
in the early European session on Tuesday.
The Swiss franc rose to 0.9789 against the U.S. dollar, from an
early near 3-week low of 0.9812.
Against the yen and the euro, the franc advanced to 104.50 and
1.0938 from early 4-day lows of 104.03 and 1.0958,
respectively.
The franc edged up to 1.2791 against the pound, from an early
low of 1.2836.
If the franc extends its uptrend, it is likely to find
resistance around 0.96 against the greenback, 107.00 against the
yen, 1.08 against the euro and 1.24 against the pound.
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