logo
  

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 1.0177 against the U.S. dollar and 116.61 against the yen, from yesterday's closing quotes of 1.0148 and 116.86, respectively.

Against the euro and the pound, the franc dropped to 1.1075 and 1.4499 from yesterday's closing quotes of 1.1056 and 1.4444, respectively.

If the franc extends its downtrend, it is likely to find support around 1.03 against the greenback, 115.00 against the yen, 1.11 against the euro and 1.48 against the pound.

For comments and feedback contact: editorial@rttnews.com

Forex News

Major central banks, led by the U.S. Fed, dominated the economics scene this week with some delivering histroic shifts. In the U.S., the Fed was in focus as Chair Jerome Powell announced the latest policy decision and forward guidance. In Asia, all eyes were on the Bank of Japan as markets waited to see if the central bank would exit its ultra loose monetary policy. Find out how the Swiss central bank gave a surprise in Europe and learn what is the path ahead for U.K. interest rates.

View More Videos
Follow RTT