Swiss Franc Falls Further Against Majors

The Swiss franc slipped further against its major rivals in European deals on Thursday.

The franc fell to 121.15 against the Japanese yen for the first time since December 3.

The franc hit 2-day lows of 0.9937 against the dollar and 1.4732 against the pound, from its prior highs of 0.9872 and 1.4630, respectively.

Pulling away from an early high of 1.0793 against the euro, the franc edged down to 1.0833.

If the franc extends slide, it may find support around 1.09 versus the euro, 1.01 against the greenback, 1.49 against the pound and 120.00 against the yen.

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

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