Surprise Non-farm Payroll Release Boosts Greenback
Friday, June 5th, 2009
The nonfarm payroll report showed the US economy shedding 345K, a much better figure than the 520K decline expected by economists. The news strengthened the greenback against its rivals as it implied the US recession was easing faster than expected.
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DayTradersWin 9 months ago
Central bank activity last week had the world's central banks taking a break from any major rate decisions with the only activity being four major central banks releasing reports of varying impact.
Jenna5116 1 year ago