Forex | Forex | Break in Yen Indicates Money Flowing to Safe Haven Dollar (04/09/2009 14:01:02)

Break in Yen Indicates Money Flowing to Safe Haven Dollar

The U.S. Unemployment Rate rose more than expected to 9.7%, up from 9.4% in July.  The August Non-Farm Payrolls Reports showed a loss of 216,000 versus guess of 225,000.  July was revised to show an even greater loss of jobs.   The Dollar fell against most major Forex markets this morning following the release of the U.S. Employment Report.  The early rally in the equity markets triggered demand for higher risk assets, but as the stock market neared a key retracement area,


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