(RTTNews) - The Swiss franc recouped its Asian session's loss against other major currencies during the European session on Wednesday. The franc thus recovered from a 2-day low against the pound and a 5-day low against the euro. Meanwhile, the dollar jumped to a 5-day high against the dollar.
The Swiss franc, which touched a low of 85.50 against the yen at 3:40 am ET, rose to 86.06 at 5:10 am ET. Currently, the franc-yen pair is trading at 86.04, compared to yesterday's New York session close of 85.72.
Moving up from a 2-day low of of 1.6936 hit at 2:00 am ET against the pound, the franc rose to 1.6823 at 5:30 am ET. The pound-franc pair closed yesterday's deals at 1.6859.
Against the U.S. currency, the Swiss franc jumped to a 5-day high of 1.050 at 4:25 am ET. Presently, the greenback-franc pair is worth 1.0512, compared to previous day's New York session close of 1.0551.
The Swiss franc is now trading at 1.4730 against the euro, compared to a 5-day low of 1.4757 hit at 1:00 am ET.
Across the Atlantic, the U.S. ADP employment data and the ISM non-manufacturing composite index- both for January are likely to influence trading in the New York session.
