Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on Unemployment Rate.
USD/CHF was trading at 0.8695, down 0.14% at time of writing.
The pair was likely to find support at 0.8554, Wednesday’s low, and resistance at 0.8714, Thursday’s high.
Earlier in the day, official data showed that The rate of unemployment in Switzerland fell more-than-expected to a seasonally adjusted 3.1% last month from 3.3% in the preceding month.
Analysts had expected Switzerland’s unemployment rate to fall to 3.2% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.27% to hit 1.4572 and USD/JPY rising 0.59% to hit 80.54.
ForexPros.com
