Investing.com - The U.S. Dollar was higher against the Swiss Franc on Wednesday after the release of U.S. data on New Home Sales.
USD/CHF was trading at 0.8824, up 0.50% at time of writing.
The pair was likely to find support at 0.8729, today’s low, and resistance at 0.8952, Friday’s high.
Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 313K last month from 296K in the preceding month whose figure was revised up from 295K.
Analysts had expected new home sales to rise to 300K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.06% to hit 1.3899 and USD/JPY rising 0.20% to hit 76.25.
USD/CHF was trading at 0.8824, up 0.50% at time of writing.
The pair was likely to find support at 0.8729, today’s low, and resistance at 0.8952, Friday’s high.
Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 313K last month from 296K in the preceding month whose figure was revised up from 295K.
Analysts had expected new home sales to rise to 300K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.06% to hit 1.3899 and USD/JPY rising 0.20% to hit 76.25.