Forex: USD/CHF jumps to test 1.0200 following Non-Farm payrolls data

Fri, Nov 6 2009, 14:04 GMT
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FXstreet.com (Córdoba) – The Dollar rose sharply across the board after the release of payrolls data. Against the Swiss Franc jumped from 1.0155 to 1.0202, posting a fresh intra-day high. USD/CHF then pulled back and currently trades around 1.0180, 0.30% above today’s opening price.

Greenback is rising for the second day in a row against the Franc but is still down for the week, after tumbling on Wednesday.

U.S. non farm-payrolls have declined by 190,000 in October, somewhat above the 175,000 decline forecasted by the analysts, while the unemployment rate has risen 0.4% to 10.2%, the highest level in the last 26 years.

USD/CHF

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