The Swiss franc weakened against most major currencies in the early European session on Wednesday.
The Swiss franc fell to nearly a 8-1/2-month low of 120.08 against the yen and a 2-day low of 1.0209 against the U.S. dollar, from early highs of 120.59 and 1.0144, respectively.
Against the pound, the franc dropped to 1.5393 from an early high of 1.5308.
If the franc extends its downtrend, it is likely to find support around 119.00 against the yen, 1.03 against the greenback and 1.56 against the pound.
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