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2010.07.2903:13:00UTC+00Swiss Franc Rises To 2-day High Against Euro And Pound

The Swiss currency edged sharply higher against its major rivals in late Asian trading on Thursday.

The franc jumped to a 2-day high of 1.3711 against the euro and 1.6449 against the pound around 2:00 am ET and this may be compared to yesterday's closing values of 1.3733 and 1.6489, respectively.

On the upside, the Swiss franc may find target levels at 1.63 against the pound and 1.3550 against the euro.

The Swiss franc also extended its previous session's uptrend against the US dollar and reversed its early Asian session's downtrend versus the yen at this time.

The franc is presently trading at 82.84 against the yen and 1.0543 versus the US dollar, compared to yesterday's closing quotes of 82.81 and 1.0569, respectively.

Copyright(c) 2010 News.com, Inc. All Rights Reserved

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