Forexpros – The Euro was lower against the Swiss Franc on Friday after the release of euro zone data on German Ifo Business Climate Index.
EUR/CHF was trading at 1.2288, down 0.22% at time of writing.
The pair was likely to find support at 1.2207, today’s low, and resistance at 1.2474, Wednesday’s high.
Earlier in the day, data showed that Germany’s Ifo business climate fell less-than-expected to 106.4 last month, from 107.4 in the preceding month whose figure was revised down from 107.5.
Analysts had expected German Ifo business climate to fall to 106.3 last month.
Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.3778 and EUR/JPY falling 0.14% to hit 105.68.
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