Forex | Forex | U.S. Dollar Breaks as Demand for Risky Assets Increases (04/09/2009 17:14:39)

U.S. Dollar Breaks as Demand for Risky Assets Increases

The U.S. Dollar is under pressure at the midsession following a strong surge in U.S. equity markets. Stocks are being boosted by perceptions that today’s U.S. Non-Farm Payrolls report may be signaling the end to the recession. 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 guesses of 225,000. July was revised to show an even greater loss of jobs. The Dollar rallied immediately following the


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