Swiss Franc Falls Against Majors
May 20 2024 - 2:16AM
RTTF2
The Swiss franc weakened against other major currencies in the
European session on Monday.
The Swiss franc fell to more than a 1-year low of 0.9895 against
the euro, from an early high of 0.9876.
Against the U.S. dollar and the yen, the franc dropped to a
6-day low of 0.9101 and a 4-day low of 171.04 from an early highs
of 0.9085 and 171.50, respectively.
The franc edged down to 1.1556 against the pound, from an early
high of 1.1538. The franc had fell earlier to a 5-day low of
1.1557.
If the franc extends its downtrend, it is likely to find support
around 0.99 against the euro, 0.92 against the greenback, 167.00
against the yen and 1.16 against the pound.
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