News Column

Swiss Franc Declines Against Most Majors

May 9, 2014

LONDON (Alliance News) - The Swiss franc lost ground against most major counterparts in early European deals on Friday.

The franc fell to 115.30 against the yen, a level not seen since April 9.

The franc hit 1.4923 against the pound, its lowest since February 18, and a weekly low of 0.8816 against the greenback

If the franc extends slide, it is likely to find support around 114.5 against the yen, 1.50 against the pound and 0.89 against the greenback.

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Source: Alliance News