News Column

Swiss Franc Declines To Multi-day Low Against Euro, Pound

May 6, 2014

BRUSSELS (Alliance News) - The Swiss franc dropped against its European and UK counterparts ahead of European deals on Tuesday.

The franc that closed Monday's deals at 1.2177 against the euro and 1.4798 against the pound declined to 4-day lows of 1.2186 and 1.4834, respectively.

If the franc continues slide, it is likely to target support around 1.225 against the euro and 1.49 against the pound.

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Source: Alliance News

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