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Forex News: Swiss Franc Slides Against Majors

Swiss Franc Slides Against Majors

04/02/2024 - 05:19:00 (RTTNews)

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

The Swiss franc fell to a 5-month low of 0.9090 against the U.S. dollar and a 6-day low of 166.81 against the yen, from early highs of 0.9050 and 167.62, respectively.

Against the euro and the pound, the franc slipped to 5-day lows of 0.9757 and 1.1418 from early highs of 0.9716 and 1.1355, respectively.

If the franc extends its downtrend, it is likely to find support around 0.92 against the greenback, 165.00 against the yen, 0.98 against the euro and 1.15 against the pound.

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05/02/2024 - 05:42 AM (RTTNews)
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