Forex | Forex | Better than expected Non-Farm reading boost the dollar (04/09/2009 14:30:25)

Better than expected Non-Farm reading boost the dollar

The US Non-farm payroll day, beat expectations, the change in non-farm payroll came better than markets already anticipated to -216 thousand in August from the revised previous -276 thousand. However the unemployment rates rallied to 9.7% marking the highest in 26 years from the previous 9.4% and markets projections 9.5%. The slowing demobilization of workers in the world leading economy eased concerns which managed to boost the US Dollar against majors; where markets neglected the surging


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