The Swiss franc drifted lower against the other major currencies in European deals on Thursday.

The franc dropped to a weekly low of 1.0518 against the euro, while touching 1.4820 against the pound, its lowest since March 18.

The franc slipped to 0.9497 against the greenback, nearly a 4-week low.

The franc reversed from an early high of 130.57 against the yen, edging down to 129.93.

The franc is likely to challenge support around 129.00 against the yen, 1.08 against the greenback, 1.10 against the euro and 1.50 against the pound.

US Dollar vs CHF (FX:USDCHF)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more US Dollar vs CHF Charts.
US Dollar vs CHF (FX:USDCHF)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more US Dollar vs CHF Charts.