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Swiss Franc Extends Rally Against Majors

05:21, 28th July 2016

(RTTNews) - The Swiss franc extended its early rally against its key counterparts in New York morning trading on Thursday.

The franc advanced to 2-day highs of 1.0874 against the euro and 1.2888 against the pound, from its early lows of 1.0934 and 1.3049, respectively.

The franc climbed to near a 2-week high of 0.9795 against dollar, compared to 0.9859 hit late New York Wednesday.

Reversing from an early low of 106.07 against the Japanese yen, the franc strengthened to 107.03.

The franc may locate resistance around 110.00 against the yen, 0.96 against the dollar, 1.28 against the pound and 1.06 against the euro.

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