Swiss Franc Slides Against Majors
July 08 2024 - 10:51PM
RTTF2
The Swiss franc weakened against other major currencies in the
early European session on Tuesday.
The Swiss franc fell to 4-day lows of 0.9732 against the euro
and 0.8991 against the U.S. dollar, from early highs of 0.9720 and
0.8975, respectively.
Against the pound and the yen, the franc edged down to 1.1509
and 178.99 from early highs of 1.1500 and 179.32, respectively.
If the franc extends its downtrend, it is likely to find support
around 0.99 against the euro, 0.91 against the greenback, 1.17
against the pound and 175.00 against the yen.
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