News Column

Swiss Franc Extends Decline Against Pound, Yen

July 16, 2014

LONDON (Alliance News) - The Swiss franc proceeded with its early decline against the pound and the Japanese yen in early New York deals on Friday.

The franc slipped to 113.19 against the yen, its lowest since June 16, and a 2-year low of 1.5403 against the pound. This may be compared to early highs of franc at 113.59 against the yen and 1.5346 against the pound. If the franc continues its slide, it may find support around 112.00 against the yen and 1.55 against the pound.

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Source: Alliance News

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