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By Advanced Currency Markets, Jutia Group |
Aug 10, 2009 |
G10 Advancers and Decliners vs USD |
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JPY |
0.12 |
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EUR |
0.06 |
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CHF |
0.01 |
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GBP |
-0.35 |
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The Greenback rallied on Friday, erasing its huge losses from the beginning of the week, after dropping to a new 2009 low against most major currencies. The comeback of the US Dollar was supported by US unemployment data and nonfarm payrolls. Even though employment market is still weak the US nonfarm payrolls fell just by 247K below the 320K expected. The bigger surprise was the drop in… |
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