USD strengthens on risk-aversion after weak job data, focus on NFP

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G10 Advancers and Decliners vs USD
EUR 0.37
GBP 0.01
JPY -0.06
CHF -0.22
The Yen declined against most currencies on speculation of a political crisis in Japan as the PM Naoto Kan may face a no-confidence vote after the nation entered into a downslide after the massive earthquake and discontent over his handling of the recovery process. The Euro rose as Germany said that the EU remains committed to the single currency, growth projections for the nation are very…

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More on this topic (What's this?)
Ugly NFP Report.
US Dollar Recovery Economic Data Hopes
Read more on U.S. Dollar (USD), Nonfarm Payroll (NFP) at Wikinvest

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