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Swiss unemployment comes in better than expected

By   || June 8, 2009 at 05:49 GMT
|| 3 comments || Add comment

Swiss unemployment for May has come in at 3.4%, better than the median forecast of 3.5%.  Swissy is so far steady in the wake of the news,  EUR/CHF effectively unchanged at 1.5175.

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3 Responses to “Swiss unemployment comes in better than expected”

  1. Millward on June 8th, 2009 06:07 GMT

    Gerry……..This is a time I would looove to be holding shorts Intraday e/u g/u :-) ……plenty of t/s left to plunder..(keep pressing boys)…if they choose that way.

    I think conflicting moves start of week and then end of week….can not see any major news releases this week that isn’t already baked in……all things being equal is a golden time to play the intraday ranges.

  2. Gerry Davies on June 8th, 2009 06:39 GMT

    turnaround in usd friday seems to be lingering and could well extend further. euro has to contend with ongoing parlous situation in Baltics, while cable remains on the backfoot due to brown uncertainty. we might get a better feel for his chances of survival after today.

  3. Gerry Davies on June 8th, 2009 07:58 GMT

    also general risk sentiment looks a little iffy

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