The Swiss franc fell to its lowest mark since late February versus the greenback Tuesday in New York. The Swiss currency fell sharply through the morning and early afternoon to reach an intraday low of 1.2430 at 12:30 pm ET, its lowest point since February 21. The franc rebounded slightly soon after to reach a mark of 1.2424 at 1:35 pm. This is compared to an intraday high of 1.2372 at 2:20 am. Greenback traders looked ahead to Thursday and Friday`s releases of American PPI and CPI data.
Versus the euro, the Swiss franc ticked lower Tuesday in New York. The morning was dominated by choppy trading until the franc began to slide around 10:30 am ET. Falling into the early afternoon, the Swiss currency fetched a mark of 1.6547 at 1:38 pm. This is compared to an intraday high of 1.6533 at 10 am and an intraday low of 1.6565 at 5 am. Traders mulled data showing that German wholesale price growth slowed in May from the previous month.
The Swiss franc fell to a four-month low versus the sterling Tuesday in New York. The Swiss currency slid steadily for most of the morning and early afternoon, reaching an intraday low of 2.4553 at 1:30 pm ET. This is compared to an intraday high of 2.4407 at 1:20 am. Trading took place amid the release of data showing that UK Consumer Price Index annual inflation slowed more-than-expected in the month of May.
Against the yen, the Swiss franc weakened to a nearly two-month low Tuesday in New York. After the early morning was dominated by uncertainty, the Swiss currency slid for a couple hours just after 2 am ET. The franc began to fall once again at 7 am. At 1:45 pm, the Swiss currency traded at a mark of 98.01. This is compared to an intraday high of 98.35 at 2:20 am and intraday low of 97.91 at 1 pm. Traders considered data showing that Japan`s consumer confidence index fell during May.
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