Swiss franc dips moderately after rising on North Korea tensions

Swiss franc dips moderately after rising on North Korea tensions

On Thursday, the Swiss franc declined against the evergreen buck, though still held on to the bulk of hefty revenues earned yesterday because heightened tensions between America and North Korea made traders seek havens.

Versus the US dollar, the Swiss franc declined 0.1% sliding to 0.9645 per dollar, having grown 1.1% on Wednesday.

On Wednesday, the Swiss franc had also leapt more than 1% versus the common currency, recording one of its largest single-day leaps versus the euro since in 2015 the Swiss National Bank removed its cap on the Swiss franc.

The Swiss franc last traded at 1.1332 per euro, moderately losing on the day.

The Japanese yen slid modestly versus the greenback, losing some steam after having jumped on Wednesday to its maximum in eight weeks.

The greenback headed north 0.1% getting to 110.16 yen, ascending from Wednesday's minimum of 109.56 yen that appeared to be the US currency’s lowest outcome since June 15.


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