Swiss June unemployment (unadjusted) has come in at 3.6%, worse than the median forecast of 3.4%. The seasonally adjusted rate has come in at 3.8%, worse than the median forecast of 3.6%. USD/CHF is seeing steady trade in the wake of the news, presently around 1.0900, the market seemingly becoming impervious to poor jobs data.
Swiss unemployment worse than expected
Source: www.forexlive.com
- Tags:
- All
Read more...
Obama named Cy Young award winner for All-Star first pitch
Another stunning victory for the President as he wins Major League Baseball’s award for best pitcher based on his throwing out the first pitch at last summer’s All Star game. The late Ted Kennedy was a close second… Click here to view the embedded video. Click here to view the...
Are We Using Less Energy Than We Did 40 Years Ago?
Are We Using Less Energy Than We Did 40 Years Ago? by David Fessler, Investment U Senior Analyst Wednesday, November 2, 2011 Those of you in...
Week Ahead Market Report: March 5, 2012
Investors will be digesting fresh data that is raising expectations of a European recession, as as as news that China would accept a slower...
USD/JPY Daily Outlook
Daily Pivots: (S1) 88.97; (P) 90.16; (R1) 90.83; USD/JPY’s dived to as low as 88.23 before turning sideway. At this point, intraday bias remains on the downside and fall from 97.77 is still expected to continue. Next target will be 87.12 key support level. On the upside, above 89.90 minor...
EURUSD has formed a cycle bottom at 1.2523
EURUSD has formed a cycle bottom at 1.2523 level on 4-hour chart. Further rally would more likely be seen later today and next target would be...