Swiss franc nudges upward in European session amid modest recovery

During Thursday's European session, the Swiss franc made a slight recovery against major currencies. The franc climbed to 0.9344 against the euro from an earlier two-day low of 0.9409, and it improved against the pound, reaching 1.0897 after falling to a three-day low of 1.1041.

It also gained a bit against the U.S. dollar and the yen, rising to 0.8457 and 172.87 respectively, compared to early lows of 0.8576 for the dollar and 171.48 for the yen.

If this upward trend continues, the franc may encounter resistance at around 0.92 versus the euro, 1.06 versus the pound, 0.82 versus the U.S. dollar, and 173.00 versus the yen.