Swiss Franc Falls Against Majors
February 29 2024 - 11:22PM
RTTF2
The Swiss franc weakened against other major currencies in the
European session on Friday.
The Swiss franc fell to a 3-month low of 0.9596 against the euro
and more than a 5-month low of 1.1208 against the pound, from early
highs of 0.9555 and 1.1162, respectively.
Against the U.S. dollar, the franc dropped to more than a 2-week
low of 0.8871 from an early high of 0.8839.
The franc edged down to 169.76 against the yen, from an early
high of 170.12.
If the franc extends its downtrend, it is likely to find support
around 0.97 against the euro, 1.13 against the pound, 0.89 against
the greenback and 167.00 against the yen.
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