Swiss Franc Falls Against Majors
29 February 2016 - 2:53PM
RTTF2
The Swiss franc weakened against the other major currencies in
the early European session on Monday.
The Swiss franc fell to a 6-day low of 0.9992 against the U.S.
dollar and a 4-day low of 113.09 against the yen, from early highs
of 0.9950 and 114.27, respectively.
Against the euro and the pound, the franc edged down to 1.0917
and 1.3864 from early highs of 1.0882 and 1.3797, respectively.
If the Swiss franc extends its downtrend, it is likely to find
support around 1.01 against the greenback, 112.00 against the yen,
1.10 against the euro and 1.42 against the pound.
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