Swiss franc soared to a near 5-week high against the euro during European deals on Thursday, as traders await the Swiss National Bank interest rate decision.
The franc soared to 84.77 against the yen. As of now, the franc is worth 84.73 versus the yen, compared to 84.62 hit at yesterday's New York session close.
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The franc recovered slightly against the pound. Moving up from a low of 1.6127. The franc advanced to 1.6086.
Currently, the franc is trading at 1.6098 versus the pound. This level may be compared to Wednesday's New York session close of 1.6036.
The franc gained to 1.0695 versus the dollar. The greenback-franc pair is now trading near yesterday's close of 1.0704.
Moving away from Asian session's choppy trend, the franc rose to a near 5-week high of 1.4607 against the euro Thursday. Currently, the franc is worth 1.4607, compared to Wednesday's New York session close of 1.4614.
The European Central Bank's monthly report, which was published today likely influenced the euro
From the U.S., the trade balance report for January and the weekly jobless claims report for the week ended March 06 are scheduled for release in the upcoming hours.
