Forex: USD/CHF: Dollar soars to 1.0110 after NFP

By @ibtimes on

FXstreet.com (Córdoba) - The Dollar jumped across the board following a much better-than-expected jobs report. USD/CHF jumped from 0.9995 to 1.0112, reaching the highest price in a week and erasing weekly losses. Immediate resistance to the upside lies at 1.0130 and above at 1.0175 (Nov 27 high).

The Swiss Franc also collapse against Cable. GBP/CHF jumped from 1.6650 to 1.6735 to trade at the highest level since November 25.

U.S. non-farm payrolls have declined by 11,000 in November, beating market consensus of a decline by about 111.000. The Unemployment rate has declined to 10.0% in November from 10.2% in October.

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