RTTN:Franc Hits 2-day High Against Euro, U.S. Dollar After Swiss ZEW Survey
The Swiss franc advanced against the euro and the U.S. dollar on Wednesday as a report showed that Switzerland's economic confidence increased notably in September to the highest level in five months.
The ZEW-CS Indicator of economic expectations advanced to 16.3 in September from 7.2 in August.
The franc hit 2-day highs of 1.2352 against the euro and 0.9247 against the greenback, compared to yesterday's closing quotes of 1.2366 and 0.9256, respectively. The franc may face resistance around 1.23 against the euro and 0.915 against the greenback.
