USD/CHF down on economic data

The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.

USD/CHF was trading at 0.7922, down 0.12% at time of writing.

The pair was likely to find support at 0.7840, Monday’s low, and resistance at 0.7989, Thursday’s high.

Earlier in the day, data showed that Switzerland’s KOF economic barometer fell more-than-expected to a seasonally adjusted 1.61 last month from 2.04 in the preceding month.

Analysts had expected the KOF economic barometer to fall to 1.80 last month.

Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.45% to hit 1.4443 and USD/JPY falling 0.63% to hit 76.98.