Swiss Franc Rises Against Most Majors
26 May 2017 - 3:28PM
RTTF2
The Swiss franc strengthened against most major currencies in
the European session on Friday.
The Swiss franc rose to a 1-1/2-month high of 1.2482 against the
pound, from an early low of 1.2593.
The franc advanced to 0.9701 against the U.S. dollar, from an
early 2-day low of 0.9745.
Against the euro, the franc edged up to 1.0889 from an early low
of 1.0910. This may be compared to an early 4-day low of
1.0887.
If the franc extends its uptrend, it is likely to find
resistance around 1.22 against the pound, 0.95 against the
greenback and 1.07 against the euro.
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