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Swiss unemployment unchanged in line with expectations

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Forexpros - The rate of unemployment in Switzerland was unchanged in line with expectations in July, official data showed on Monday.

In a report, State Secretariat for Economic Affairs said that Switzerland's unemployment held steady at a seasonally adjusted 3.0% in July, as widely expected.

Following the data, the Swiss franc was up against the U.S. dollar, with USD/CHF tumbling 1.72% to trade at 0.7543.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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