US Dollar Rallies After Record Monthly Job Additions in May
The US dollar index increased to 97 Friday against a bouquet of currencies following the release of upbeat non-farm payroll data for May. Furthermore, unemployment rate fell to 13.3% following a record high unemployment in April. The US dollar index,
Read MoreSwiss Economy Contracts at Record Pace in March Quarter
The Swiss economy contracted 2.6% q-o-q in the first-quarter, the highest since 1980 when the publication of data began, and higher than economists’ expectation for a 2% contraction as economic activity in March was severely restrained due to the Covid-19
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