Swiss Franc Falls Against Majors
24 August 2016 - 10:04AM
RTTF2
The Swiss franc slipped against its key counterparts in European
deals on Wednesday.
The franc reversed from an early 2-day high of 1.0869 against
the euro, edging down to 1.0899.
The franc slipped to 1.2804 against the pound, its weakest since
August 10, from a high of 1.2687 hit at 3:05 am ET.
The franc declined to 8-day lows of 0.9680 against the dollar
and 103.53 against the yen, off its previous highs of 0.9626 and
104.31, respectively.
The next possible support for the franc is seen around 1.00
against the greenback, 1.32 against the pound, 1.12 against the
euro and 100.00 against the yen.
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