Risky Assets take a hit on U.S. Payrolls

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Risky Assets take a hit on U.S. Payrolls

ACM - Advanced Currency Markets Here are the forex news provided by the forex broker ACM, you will find some Daily Forex Snapshot, some Forex Alerts and some Daily Currency News & Commentary

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07-03-2009, 02:28 AM

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Risky Assets take a hit on U.S. Payrolls

The dollar rose against major currencies yesterday after bleak U.S. jobs data renewed concerns about the economy and enhanced the greenback's safe-haven appeal. The Euro was down 1.1 percent at $1.4002, retreating from $1.4201 hit on Wednesday, its highest level since early June. Adding to pressure on the Euro were comments from the European Central Bank President Jean-Claude Trichet that... ...More...

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