Swiss Franc Falls Against Majors
26 June 2024 - 4:40PM
RTTF2
The Swiss franc weakened against other major currencies in the
European session on Wednesday.
The Swiss franc fell to near 2-week lows of 0.9601 against the
euro and 1.1378 against the pound, from early highs of 0.9574 and
1.1349, respectively.
Against the U.S. dollar and the yen, the franc slipped to a
2-week low of 0.8981 and a 2-day low of 178.12 from early highs of
0.8946 and 178.64, respectively.
If the franc extends its downtrend, it is likely to find support
around 0.98 against the euro, 1.16 against the pound, 0.91 against
the greenback and 175.00 against the yen.
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