News Column

Swiss Franc Declines Against Most Majors

June 12, 2014

LONDON (Alliance News) - The Swiss franc slipped against most major rivals in early European deals on Thursday.

The franc eased from early highs of 113.54 against the yen and 0.8989 against the greenback, weakening to 113.25 and 0.9009, respectively.

The franc hit a 1-1/-year low of 1.5159 against the pound, off early high of 1.5097.

If the franc extends slide, it may face support around 0.91 against the greenback, 1.525 against the pound and 112.00 against the yen.

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Source: Alliance News

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