Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Tuesday after the release of Swiss data on CPI.
USD/CHF was trading at 0.8786, up 0.79% at time of writing.
The pair was likely to find support at 0.8558, Thursday’s low, and resistance at 0.8805, today’s high.
Earlier in the day, official data showed that Consumer price inflation in Switzerland rose less-than-expected to a seasonally adjusted 0.1% last month from 0.6% in the preceding month.
Analysts had expected Swiss consumer price inflation to rise 0.5% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.4347 and USD/JPY rising 0.42% to hit 80.70.
ForexPros.com
