Tuesday, May 1, 2007

Swiss Franc Varied Versus Counterparts On Tuesday Morning, Tuesday, May 01, 2007 9:26:51 AM

The Swiss currency was varied against its world counterparts on Tuesday. The currency traded with little economic news from its country.

The Swiss franc earned backed early losses against the dollar on Tuesday. As mid-morning trading progressed, the currency climbed to 1.2059. The currency is nearing a weekly high against its American counterpart.

In trading against the pound, the Swiss currency saw weakness on Tuesday. The fall brought the franc to a mark of 2.4197 in the mid-morning action. On the whole, the Swiss franc is at a two week low.

Against the euro, the Swiss franc was choppy in action on Tuesday. By the mid-morning, the franc had bounced between a high of 1.6459 and a low of 1.6495. In general, the currency is at a multi-year low against the euro.

The Swiss currency saw little direction against the yen on Tuesday. As trading progressed, the franc moved between a high of 99.09 and a low of 98.79. Overall, the Swiss franc is at a weekly low against the Japanese yen.
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