Market Updates: Swiss Unemployment Rate Steady at 2.4%, No Surprises Here - Forex News by FX Leaders

Market Updates: Swiss Unemployment Rate Steady at 2.4%, No Surprises Here

Posted Tuesday, April 9, 2019 by
Arslan Butt • 1 min read

The Swiss SECO is responsible for releasing the unemployment rate for Switzerland economy. The rate shows a percentage of the total workforce that is unemployed and actively seeking employment during the previous month.

Since December 10, 2018, the Swiss unemployment rate is stuck at 2.4% and even today the rate came out as 2.4%. So far, there’s no change in the value of USD/CHF. But stay tuned for trade setups as the market is cooking up some high potential trades.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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