News Column

Franc Mixed Ahead Of Swiss KOF Leading Indicator

June 26, 2014

BRUSSELS (Alliance News) - Swiss Economic Institute KOF is expected to release its leading indicator index for Switzerland at 3 am ET Friday. The KOF leading index is estimated to increase to 100 in June from 99.8 in May.

Ahead of the data, the franc showed mixed trading against the other major currencies. While the franc held steady against the euro, it fell against the yen. Against the greenback and the pound, it rose.

The franc was worth 0.8919 against the greenback, 1.2160 against the euro, 1.5194 against the pound and 113.62 against the yen as of 2:55 am ET.

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Source: Alliance News

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