Forexpros — The U.S. Dollar was lower against the Swiss Franc on Thursday after the release of U.S. data on Initial Jobless Claims.
USD/CHF was trading at 0.7935, down 0.29% at time of writing.
The pair was likely to find support at 0.7840, Monday’s low, and resistance at 0.7989, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 417K last week from 412K in the preceding week whose figure was revised up from 408K.
Analysts had expected Initial Jobless Claims to fall to 405K last week.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.26% to hit 1.4376 and USD/JPY rising 0.75% to hit 77.55.
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