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The Swiss franc weakened against other major currencies in the early European session on Thursday.
The Swiss franc fell to nearly a 3-year low of 1.1585 against the euro and a 14-month low of 1.3158 against the pound, from early highs of 1.1517 and 1.3063, respectively.
Against the U.S. dollar and the yen, the franc dropped to more than a 5-week low of 0.9743 and a 3-day low of 115.54 from early highs of 0.9690 and 115.95, respectively.
If the Swiss franc extends its downtrend, it is likely to find support around 1.17 against the euro, 1.32 against the pound, 0.98 against the greenback and 114.00 against the yen.
