Forex – USD/CHF up during Asian trade

Investing.com – The U.S. Dollar was higher against the Swiss Franc on Friday.

USD/CHF was trading at 0.9240, up 0.05% at time of writing.

The pair was likely to find support at 0.9226, Thursday’s low, and resistance at 0.9370, Tuesday’s high.

Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.05% to hit 1.3084 andUSD/JPY rising 0.27% to hit 83.87.

Forex – USD/CHF weekly outlook: December 10 – 14

Investing.com – The U.S. dollar ended the week higher against the Swiss franc on Friday, after a stronger-than-expected U.S. jobs data for November, but the greenback trimmed initial gains as investors parsed less encouraging details of the report.

USD/CHF hit 0.9381 on Friday, the pair’s highest since December 22; the pair subsequently consolidated at 0.9342 by close of trade, 0.67% higher for the week.

The pair is likely to find support at 0.9254, Thursday’s low and resistance at 0.9381, Friday’s high and a two-week high.

The dollar hit session highs against the Swiss franc after the U.S. Department of Labor said the economy added 146,000 jobs in November, beating forecasts for an increase of 93,000. The unemployment rate fell to 7.7%, an almost four year low from 7.9% in October.

http://www.investing.com/news/forex-news/forex—usd-chf-weekly-outlook:-december-10—14-241720