SubscribeDaily Forex Commentary for November 6, 2009
November 6th, 2009 • Related • Filed Under
November 6, 2009
Dollar Trading Lower Ahead of U.S. Jobs Data
The U.S. Dollar is trading lower ahead of this morning’s U.S. jobs data report. Today’s Non-Farm Payrolls Report is expected a loss of about 175,000 jobs in October. The key will be how investors react if the unemployment rate reaches or exceeds 10%. Some say this figure is built into the market.
The U.S. jobs report will set the tone for the day as it represents a way to gauge the health …
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