News Column

Franc Falls Vs Most Majors Ahead Of Swiss KOF Leading Indicator

August 28, 2014



BRUSSELS (Alliance News) - At 3 am ET Friday, Swiss Economic Institute KOF will release its leading indicator data. The KOF leading indicator is expected to decrease to 97.8 in August from 98.1 in July.

Ahead of the data, the franc showed mixed trading against the other major currencies. While the franc rose against the euro, it slipped against the rest of major currencies.

The franc was worth 0.9158 against the greenback, 1.2057 against the euro, 113.32 against the yen and 1.5192 against the pound as of 2:55 am ET.



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Source: Alliance News


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