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Swiss Franc Slips Against Most Majors

23:36, 24th April 2014

(RTTNews) - The Swiss franc traded lower against most major currencies in early New York deals on Thursday.

The franc dropped to 115.83 against the yen, off early high of 116.20. The next possible support for the franc is seen around the 115.00 area.

The Swiss unit declined to a 2-day low of 0.8857 against the greenback, reversing from a high of 0.8814 hit around 4:00 am ET. If the franc continues slide, 0.89 is likely seen as its next support level

Reversing from an early high of 1.4799 against the pound, the franc reached as low as 1.4852. On the downside, the franc may eye support at the 1.49 zone.

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