Investing.com – The dollar edged slightly higher against the Swiss franc on Thursday, consolidating the previous day’s gains, while investors awaited U.S. data on jobless claims.
USD/CHF hit 0.9694 during European morning trade, the pair’s highest since December 20; the pair subsequently consolidated at 0.9663, gaining 0.05%.
The pair was likely to find support at 0.9467, Wednesday’s low and resistance at 0.9733, the high of December 16.
The ADP jobs report on Wednesday showed a record 297,000 private-sector jobs were created in December, while a separate report showed that the U.S. service sector expanded in December at the fastest pace since May 2006.
Elsewhere, on Thursday official data showed that the Swiss consumer price index remained unchanged on the month in December, as higher prices for restaurants and hotels were balanced by lower prices for food and clothes.
Meanwhile, the Swissy was up against the euro with EUR/CHF shedding 0.17% to hit 1.2678.
Later in the day, the U.S. was to publish official data on initial jobless claims.
USD/CHF hit 0.9694 during European morning trade, the pair’s highest since December 20; the pair subsequently consolidated at 0.9663, gaining 0.05%.
The pair was likely to find support at 0.9467, Wednesday’s low and resistance at 0.9733, the high of December 16.
The ADP jobs report on Wednesday showed a record 297,000 private-sector jobs were created in December, while a separate report showed that the U.S. service sector expanded in December at the fastest pace since May 2006.
Elsewhere, on Thursday official data showed that the Swiss consumer price index remained unchanged on the month in December, as higher prices for restaurants and hotels were balanced by lower prices for food and clothes.
Meanwhile, the Swissy was up against the euro with EUR/CHF shedding 0.17% to hit 1.2678.
Later in the day, the U.S. was to publish official data on initial jobless claims.