(RTTNews) - In early European session on Tuesday, the Swiss franc advanced against its major counterparts.
In early European session on Tuesday, the Swiss franc gained to 1.3760 against the euro. The next upside target level for the franc is seen at 1.374. The Swiss franc is currently trading at 1.3784 against the euro. The pair closed yesterday's deals at 1.3782.
The final manufacturing PMI reports for October from the major European economies released today likely influenced the euro.
The Swiss franc rose to 81.95 against the Japanese yen in Tuesday's European session at 5:20 am ET. If the Swiss franc advances further, it may likely target the 82.2 level. The franc-yen pair that closed yesterday's deals at 81.19 is now worth 81.84.
Minutes from the Bank of Japan's October meeting released earlier in the day showed that some of the members of the central bank believed that further stimulus measures might do more harm than good.
The Swiss franc strengthened to 0.9843 against the U.S. dollar in the early European session on Tuesday. The next upside target level for the franc is seen at 0.982. The pair closed yesterday's deals at 0.9921 and is presently worth 0.9864.
In early European session on Tuesday, the Swiss franc climbed to 1.5760 against the pound. On the upside, 1.555 is seen as the next target level for the Swiss currency. The pair that closed yesterday's deals at 1.5912 is now trading at 1.5801.
The pound fell in European session as a report showed that U.K.'s construction activity dropped to an 8-month low in October.
The U.S. Federal Open Market Committee will begin its two-day monetary policy meeting today and will announce its decision tomorrow.
