Swiss Franc Advances Against Majors
19 April 2024 - 12:06PM
RTTF2
The Swiss franc strengthened against major currencies in the
Asian session on Friday.
The Swiss franc rose to nearly a 2-week high of 0.9012 against
the U.S. dollar, from an early 2-day low of 0.9127.
Against the euro, the pound and the yen, the franc advanced to
nearly a 1-1/2-month high of 0.9566, nearly a 2-month high of
1.1171 and nearly a 1-month high of 170.72 from Thursday's closing
quotes of 0.9707, 1.1342 and 169.46, respectively.
If the franc extends its uptrend, it is likely to find
resistance around 0.88 against the greenback, 0.95 against the
euro, 1.10 against the pound and 172.00 against the yen.
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