News Column

Swiss Franc Strengthens Against Most Majors

April 25, 2014

BRUSSELS (Alliance News) - The Swiss franc gained ground against most major currencies in early European deals on Friday.

The franc advanced to 1.2186 against the euro and 1.4801 against the pound around 3:40 am ET.

The franc rose to 0.8807 against the greenback, its highest since April 23.

If the franc extends gain, it is likely to face resistance around 0.875 against the greenback, 1.47 against the pound and 1.21 against the euro.

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Source: Alliance News

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