Swiss Franc Slides Against Majors
04 April 2024 - 2:20PM
RTTF2
The Swiss franc weakened against other major currencies in the
European session on Thursday.
The Swiss franc fell to more than 9-month lows of 0.9838 against
the euro and 1.1484 against the pound, from early highs of 0.9786
and 1.1421, respectively.
Moving away from an early 3-day high of 0.9026 against the U.S.
dollar, the franc edged down to 0.9074.
Against the yen, the franc dropped to 167.14 from an early high
of 167.99.
If the franc extends its downtrend, it is likely to find support
around 0.99 against the euro, 1.15 against the pound, 0.91 against
the greenback and 166.00 against the yen.
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