Merkel says Monday’s could become an 'advisory summit' if there is no foundation to work with

FXStreet (Córdoba) - German Chancellor Angela Merkel has said that the summit on Monday will only produce decisions if there are foundations to work with, otherwise it might end up being an 'advisory summit'.

USD/CHF above 0.9200 but under pressure

USD/CHF is trading slightly higher on Friday but 0.90% lower for the week so far. The pair printed a fresh daily high at 0.9248 after Wall Street opening bell but then turned to the downside and currently trades at 0.9215/20, less than 10 pips above today’s opening price.
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US labour market conditions support job growth in June – Nomura

Economists at Nomura, see the US jobless claims data as supportive for further job growth in June.
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