Switzerland: July Unemployment Rate s.a (MoM) stays unchanged at 3.2%

Aug 8, 2013

EUR/USD may be setting up for a top at or near 1.3414; data will drive the action.

With no central bankers on the docket for the next seven trading sessions, the EUR/USD will be data dependent for directional guidance. Technicians give only a little room left for the rally.

Switzerland: Unemployment Rate steady at 3.2% in July

The Swiss seasonally adjusted unemployment rate remained unchanged at 3.2% in July, as announced by the State Secretariat for Economic Affairs. This result is in line with expectations.