News Column

Swiss Franc Weakens Against Majors

July 13, 2014



BRUSSELS (Alliance News) - The Swiss franc declined against its major counterparts ahead of European deals on Monday.

The franc fell to 0.8931 against the greenback, off early high of 0.8917.

The franc eased from an early 4-day high of 1.5261 against the pound and near a 2-week high of 1.2134 against euro and fell to 1.5288 and a session's low of 1.2146, respectively.

The franc eased back to 113.50 against the yen from an early high of 113.62.

On the downside, the franc may find support around 0.90 against the greenback, 1.22 against the euro, 1.55 against the pound and 113.00 against the yen.



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Source: Alliance News


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