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Forex News: Swiss Franc Falls Against Majors

Swiss Franc Falls Against Majors

09/12/2017 - 01:15:00 (RTTNews)

(RTTNews) - The Swiss franc weakened against other major currencies in the Asian session on Tuesday.

The Swiss franc fell to a 4-week low of 1.2607 against the pound, from yesterday's closing value of 1.2585.

Against the euro and the U.S. dollar, the franc dropped to 5-day lows of 1.1439 and 0.9573 from yesterday's closing quotes of 1.1426 and 0.9561, respectively.

Against the yen, the franc edged down to 114.27 from yesterday's closing value of 114.38, respectively.

If the franc extends its downtrend, it is likely to find support around 1.27 against the pound, 1.15 against the euro, 0.97 against the greenback and 112.00 against the yen.

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