News Column

Swiss Franc Retreats Against Most Majors

August 26, 2014

LONDON (Alliance News) - The Swiss franc trimmed its early gains against most major counterparts in early European deals on Tuesday.

The franc reversed from an early high of 113.67 against the yen, edging down to 113.40.

The franc that advanced to 4-day highs of 0.9137 against the greenback and 1.5155 against the pound earlier eased to 0.9159 and 1.5184, respectively.

The franc may possibly face support around 0.92 against the greenback, 1.524 against the pound and 113.00 against the yen.

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Source: Alliance News

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