Swiss Franc Rises Against Most Majors
August 04 2024 - 8:00PM
RTTF2
The Swiss franc strengthened against most major currencies in
the Asian session on Monday.
The Swiss franc rose to more than 6-month highs of 0.9304
against the Euro and 1.0892 against the pound, from last week's
closing quotes of 0.9355 and 1.0974, respectively.
Against the U.S. dollar, the franc climbed to nearly a 7-month
high of 0.8518 from Friday's closing value of 0.8575.
If the Swiss franc extends its uptrend, it is likely to find
resistance around 0.92 against the euro, 1.07 against the pound and
0.83 against the greenback.
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