FXstreet.com (Córdoba) - The Swiss Franc is moving sideways against the Dollar. USD/CHF trades inside a lateral channel with support at 1.0125 and resistance at 1.0190. Currently price at 1.0160/65 is only a few pips above the one it had at the beginning of the day. Greenback is recovering a small part of yesterday's losses.
The ecPulse.com analysis team affirms: Major pairs are narrow trading due to technical movements that took place throughout the currencies market after that the US report showed that Initial Jobless Claims plummeted to 512 thousand and the continuing claims dropped to 5749 thousand, whereas the ECB and the BoE decided to keep their interest rates unchanged.