Swiss Franc Slides Against Majors
March 21 2024 - 1:57AM
RTTF2
The Swiss franc weakened against other major currencies in the
European session on Thursday.
The Swiss franc fell to an 8-1/2-month lows of 0.9783 against
the euro and 1.1459 against the pound, from early highs of 0.9667
and 1.1312, respectively.
Against the U.S. dollar and the yen, the franc dropped to more
than a 4-month low of 0.8975 and a 2-day low of 168.52 from an
early 3-day high of 0.8839 and a 3-week high of 170.81,
respectively.
If the franc extends its downtrend, it is likely to find support
around 1.00 against the euro, 1.15 against the pound, 0.91 against
the greenback and 166.00 against the yen.
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