The euro erased much of yesterday's steep losses against the Swiss franc in early deals on Wednesday.
The common currency climbed to a 5-day high of 1.2236 against the Swiss franc, up almost 0.6 percent from yesterday's 8-month low of 1.2166.
If the euro-franc pair extends its advance, 1.2250 is seen as the next likely resistance level in the near-term.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.