Swiss Franc Falls Against Majors

The Swiss franc weakened against the other major currencies in the Asian session on Thursday.

The Swiss franc fell to a 1-week low of 1.0679 against the euro, from yesterday’s closing value of 1.0635.

Against the pound, the U.S. dollar and the yen, the franc edged down to 1.4727, 0.9858 and 121.78 from yesterday’s closing quotes of 1.4641, 0.9771 and 122.72, respectively.

If the franc extends its downtrend, it is likely to find support around 1.20 against the euro, 1.56 against the pound, 1.02 against the greenback and 113.00 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com

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