ND: Swiss franc reverses recent downtrend against most majors
The Swiss currency recovered from recent losses against most of its major opponents in early trading on Thursday. The franc drifted higher to 78.57 versus the yen, 1.5049 against the euro and 1.1451 against the US dollar by 7:30 am ET, up from previous lows of 77.67, 1.5164 and 1.1583, hit respectively in the previous session. Currently, the franc is trading at 78.4 against the franc, 1.1475 versus the greenback and 1.5067 against the euro.