Investing.com - The U.S. dollar was higher against the Swiss franc on Thursday, ahead of U.S. data later in the day and as concerns over a potential military strike on Syria by the U.S. and its allies continued to support safe haven demand for the greenback.
USD/CHF hit 0.9286 during European morning trade, the pair's highest since August 21; the pair subsequently consolidated at 0.9276, advancing 0.59%.
The pair was likely to find support at 0.9209, the low of August 26 and resistance at 0.9348, the high of August 13.
On Wednesday, President Barack Obama said the U.S. has concluded that the Syrian government carried out a chemical weapons attack near Damascus, but added that he had not yet made a decision about whether to intervene militarily.
The comments came a day after British Prime Minister David Cameron drafted a United Nations resolution condemning the use of chemical weapons in Syria and "authorizing necessary measures to protect civilians".
In Switzerland, official data showed that the number of employed people rose to 4.17 million in the second quarter, in line with expectations, from 4.15 million in the three months to March.
The Swissie was steady against the euro with EUR/CHF edging up 0.04%, to hit 1.2306.
In the euro zone, data showed that the number of unemployed people in Germany rose by a larger-than-forecast 7,000 in August, the first increase in three months, while the unemployment rate remained steady at 6.8%.
Later in the day, the U.S. was to publish revised data on second quarter growth and the weekly report on initial jobless claims.
USD/CHF hit 0.9286 during European morning trade, the pair's highest since August 21; the pair subsequently consolidated at 0.9276, advancing 0.59%.
The pair was likely to find support at 0.9209, the low of August 26 and resistance at 0.9348, the high of August 13.
On Wednesday, President Barack Obama said the U.S. has concluded that the Syrian government carried out a chemical weapons attack near Damascus, but added that he had not yet made a decision about whether to intervene militarily.
The comments came a day after British Prime Minister David Cameron drafted a United Nations resolution condemning the use of chemical weapons in Syria and "authorizing necessary measures to protect civilians".
In Switzerland, official data showed that the number of employed people rose to 4.17 million in the second quarter, in line with expectations, from 4.15 million in the three months to March.
The Swissie was steady against the euro with EUR/CHF edging up 0.04%, to hit 1.2306.
In the euro zone, data showed that the number of unemployed people in Germany rose by a larger-than-forecast 7,000 in August, the first increase in three months, while the unemployment rate remained steady at 6.8%.
Later in the day, the U.S. was to publish revised data on second quarter growth and the weekly report on initial jobless claims.