Swiss Franc Moves Little Against European, Japanese Rivals; Declines Against The Dollar
Friday, February 16, 2007 10:00:23 AM - The Swiss franc saw little movement against its European and Japanese rivals during Friday morning action. The currency fell against the dollar. The franc traded on little economic news from the country.
The Swiss franc fell against the dollar in trading on Friday. The currency moved to a mark of 1.2369 in mid-morning action. The franc is near a month and a half low against the dollar.
Meanwhile, against the euro, the Swiss franc saw little decisive movement on Friday. The currency hit a high of 1.6204 and a low of 1.6227 through the morning trading. The Swiss currency has reached a weekly low against its European counterpart.
Similarly, the Swiss franc moved uncertainly against its British rival in trading on Friday. The currency hit a low of 2.4129 and a high of 2.4067. The franc is at a six week high against the pound.
Against the yen, the Swiss franc saw choppy trading. The currency reached a high of 96.81 and a low of 96.33. The Swiss currency has held in a range against its Japanese counterpart over the past two months.