Monday, May 14, 2007

Swiss Currency Varied Against Counterparts On Monday Afternoon, Monday, May 14, 2007 1:35:04 PM

The Swiss franc was mixed against its rivals in trading on Monday afternoon. The currency traded with little economic news from the area.

The Swiss franc was choppy against the dollar in trading. The currency moved between a high of 1.2168 and a low of 1.2205 into the afternoon. On the whole, the Swiss currency is near a weekly high versus the buck.

In trading with the pound, the Swiss currency saw little direction. By the mid-afternoon, the currency moved between a high of 2.4124 and a low of 2.4197. In general, the Swiss franc is at a two week high.

Against the euro, the Swiss franc experienced weakness. The fall took the currency to a mark of 1.6512 in the early hours and remained there into the mid-afternoon trading. Overall, the Swiss currency is at a two week low.

Meanwhile, the Swiss franc saw mixed direction against its Japanese counterpart. As trading moved into the mid-afternoon, the currency held between a low of 98.53 and a high of 98.78. Generally, the currency is at a weekly high against the yen.
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