News Column

Franc Mixed Ahead Of Swiss KOF Leading Indicator

July 29, 2014

BRUSSELS (Alliance News) - At 3 am ET Wednesday, the KOF economic institute is scheduled to release its report on the leading indicator for Switzerland. The KOF leading indicator is expected to rise to 101 in July from 100.4 in June.

The franc showed mixed trading against the other major currencies before the data. While the franc held steady against the yen and the pound, it declined against the euro and the greenback.

The franc was worth 0.9071 against the greenback, 112.62 against the yen, 1.2163 against the euro and 1.5366 against the pound as of 2:55 am ET.

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Source: Alliance News

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