US Dollar Rises vs. Euro on Non-Farm Payrolls
The US dollar gained against the euro today, ending the 4-day decline, as the US
The forecast of a 191,000 increase of the payrolls was considered very optimistic, but reality turned out to be even better as the increase was 216,000. The unemployment rate also made a pleasant surprise, going down to 8.8 percent, while it was expected to stay at 8.9 percent.
EUR/USD slipped from 1.4157 to 1.4099 as of 13:38 GMT today.
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Earlier News About the US Dollar:
- Week that Can Define Future of Dollar (2011-03-28)
- Stronger US Economy Brings Dollar Higher (2011-03-26)
- Dollar Weakens as Fed Maintains Stimulus (2011-03-15)
- US Dollar Weakens as OPEC Lowers Treasury Holding (2011-03-15)
- Dollar Gains as Fundamentals Spurs Risk Aversion (2011-03-10)
