Swiss Franc Rises Against Majors
01 August 2024 - 8:22AM
RTTF2
The Swiss franc strengthened against other major currencies in
the European session on Thursday.
The Swiss franc rose to nearly a 6-month high of 0.9442 against
the euro, nearly a 4-month high of 1.1181 and nearly a 5-month high
of 0.8754 against the U.S. dollar, from early lows of 0.9506,
1.1288 and 0.8783, respectively.
Against the yen, the franc edged up to 171.36 from an early near
3-month low of 169.50.
If the Swiss franc extends its uptrend, it is likely to find
resistance around 0.93 against the euro, 1.10 against the pound,
0.85 against the greenback and 174.00 against the yen.
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