Swiss Franc Slides Against Majors
July 02 2015 - 5:06AM
RTTF2
The Swiss franc drifted lower against the other major currencies
in European deals on Thursday.
The franc dropped to a weekly low of 1.0518 against the euro,
while touching 1.4820 against the pound, its lowest since March
18.
The franc slipped to 0.9497 against the greenback, nearly a
4-week low.
The franc reversed from an early high of 130.57 against the yen,
edging down to 129.93.
The franc is likely to challenge support around 129.00 against
the yen, 1.08 against the greenback, 1.10 against the euro and 1.50
against the pound.
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