Forexpros – The U.S. Dollar was lower against the Swiss Franc on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
USD/CHF was trading at 0.8837, down 0.38% at time of writing.
The pair was likely to find support at 0.8598, Friday’s low, and resistance at 0.8960, Tuesday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 110K last month, from 116K in the preceding month whose figure was revised up from 91K.
Analysts had expected U.S. non-farm employment change to rise 100K last month.
Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.39% to hit 1.3756 and USD/JPY falling 0.39% to hit 78.07.
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