Forex: USD/CHF collapses to test 1.0200 after ADP employment

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FXstreet.com (Barcelona) – The Dollar is falling against the Swissy after the ADP employment report in relative line of expectations with the USD/CHF falling 40 pips in the minutes following the data releases from 1.0250 to hit fresh intra-day low at 1.0210.

Currently the pair is trading around 1.0210/20, 0.10% below today’s opening price action at 1.0257.

The Automatic Data Processing has published its employment report with a decrease of 203k in October, less than 254k posted in September. Market expectations were a decline of 200k jobs in October
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