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LSE: Swiss Franc Drops Against Majors
 
BRUSSELS (Alliance News) - The Swiss franc erased its early advance and slipped against its major rivals in European deals on Monday.

The franc pared gains to 1.5266 versus the pound and 0.9857 against the greenback, from its early highs of 1.5178 and 0.9802, respectively.

The franc was trading at 1.0785 versus the euro, down from its previous high of 1.0759. The franc is thus edging closer to pierce its early 5-1/2-month low of 1.0792.

The franc retreated from its early high of 127.03 versus the yen with the pair trading at 126.48.

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