Mid-Day Report: EUR/USD Heading to 1.2 after Non-Farm Payroll Disappointment, EUR/CHF Broke 1.4
By admin | June 4, 2010
Dollar and yen surge sharply in early US session after disappointment from Non-Farm Payroll report. US job market expanded by 431k only in May, much lower than expectation of 500k. More importantly, taking out 411k. Unemployment rate dropped from 9.9% to 9.7%. Canadian data showed the economy added 24.7k jobs
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