Swiss unemployment rises as expected in December- USD/CHF close to recent highs

The December Swiss unemployment report has just been released. The markets were expecting a rise to 2.8% from 2.6% seen in November. The actual data has revealed a rise to 2.8%. Ahead of this report the USD/CHF had been pushing higher in Asian trading. Prior to that the USD/CHF had peaked at 0.9137 on January 2, only to fall back to a low at 0.9009 on December 6. The more recent price action has seen it climb towards that 2025 high and potentially lift further. This unemployment data has. The reader is once again reminded of the next important levels on the USD/CHF, at 0.9157 and then at 0.9224, which was the 2024 high. The longer term 200 week moving average is in place at 0.9125 and the USD/CHF was trading just above that level leading into the report. The high seen so far today has been set at 0.9131. It is right now at 0.9129