The USD/CHF is trading directly into the 0.9000 major handle as US data beats drive the US Dollar (USD) higher against the Swiss Franc (CHF) for Thurs
The USD/CHF is toying with 0.9000 as the Greenback gets bid into a third straight day of gains. Little of note for theFranc on the economic calendar until next Tuesday's Swiss Retail Sales. US Durable Goods, GDP figures soundly trounce market expectations, though labor data sees more unemployed. day.
US Initial Jobless Claims bucked the trend to come in below expectations, showing an additional 210K new jobless benefits seekers for the week into October 20th, compared to the previous week's 200K . USD/CHF Technical Outlook The US Dollar is testing into the long side of 0.9000 against the Francafter slipping from the price level last week, and is trading back into the 200-day Simple Moving Average . The pair is catching some technical support from the 50-day SMA currently lifting into 0.
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