The U.S. Dollar was higher against the Swiss Franc on Tuesday after the release of U.S. data on Building Permits.
USD/CHF was trading at 0.9702, up 1.11% at time of writing.
The pair was likely to find support at 0.9486, Friday’s low, and resistance at 0.9756, today’s high.
Earlier in the day, official data showed that the building permits issued fell unexpectedly to a seasonally adjusted 0.54M last month, from 0.57M in the preceding month.
Analysts had expected the number of building permits issued to rise to 0.58M last month.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 1.43% to hit 1.3735 and USD/JPY rising 0.28% to hit 81.50.
USD/CHF was trading at 0.9702, up 1.11% at time of writing.
The pair was likely to find support at 0.9486, Friday’s low, and resistance at 0.9756, today’s high.
Earlier in the day, official data showed that the building permits issued fell unexpectedly to a seasonally adjusted 0.54M last month, from 0.57M in the preceding month.
Analysts had expected the number of building permits issued to rise to 0.58M last month.
Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 1.43% to hit 1.3735 and USD/JPY rising 0.28% to hit 81.50.