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Forex: USD/CHF bounces to 0.9450 during Asian session

Yesterday's drop from just below 0.9500 found support at 0.9410 and, overnight, the USD/CHF bounced to 0.9450 (+0.22%) surrounding area, where it trades at the moment. Ahead is Switzerland CPI in February, due at 08:15 GMT. Analysts expect the same pace of -0.3% on both monthly and yearly data.

Investors will be focusing on US NFP today. Consensus points to +160K added jobs in February, slightly increasing January's pace of +157K. The ADP employment figure released this week came in better than expected and prior month's figure was revised higher.

Mataf.net analysts point to resistance at 0.9455, 0.9490 and 0.9520. On the downside, supports might be found at 0.94440, 0.9410 and 0.9390.

France Budget rises to €-12.8B in Jan from €-87.2B (Dec)

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Forex: AUD/USD in red around 1.0250

The Aussie dollar is trading in the defensive position on Friday, retracing ground from Thursday’s highs above 1.0280 to the actual area around 1.0250, despite the positive figures from the Chinese external sector during February....
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