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Swiss Franc Falls Against Majors

06:25, 21st October 2014

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

The Swiss franc fell to a 1-week low of 1.5281 against the pound, from a multi-day high of 1.5192. At yesterday's close, the franc was trading at 1.5234 against the pound.

Against the yen, the franc fell to a 4-day low of 112.90 from an early high of 113.46.

Pulling away from multi-day high of 0.9397 against the U.S. dollar, the franc edged down to 0.9461. The pair was quoted at 0.9424 at yesterday's close.

Against the euro, the franc edged down to 1.2073 from an early high of 1.2061.

If the franc extends its downtrend, it is likely to find support around 1.54 against the pound, 112.10 against the yen, 0.95 against the greenback and 1.208 against the euro.

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