News Column

Swiss Franc Drops Against Majors

May 25, 2014

BRUSSELS (Alliance News) - The Swiss franc edged down against its key counterparts in late Asian deals on Monday.

The franc slipped to 1.5096 against the pound and 0.8966 against the greenback.

The franc came off from early 11-day high of 1.2199 against the euro and ticked down to 1.2211.

The franc eased to 113.64 against the yen, from an early high of 113.85.

On the downside, the franc may seek support around 1.52 against the pound, 1.23 against the euro and 0.91 against the greenback and 113.00 against the yen.

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Source: Alliance News

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