The Swiss franc erased its early losses against most major currencies in European morning deals on Monday.
The franc that fell to a 6-day low of 1.0477 against the euro in early deals edged up to 1.0445.
The franc recovered to 125.14 against the yen and 0.9508 against the greenback, off early lows of 124.72 and 0.9534, respectively.
The franc may possibly find resistance around 127.5 against the yen, 0.94 against the greenback and 1.00 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com