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Tuesday, December 02nd, 2008

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Posts Tagged ‘ UD dollar ’

Dollar Slumps as ADP Report Shocks Market, Biggest Jobs Loss in Six Years

Jul 3rd, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar hit the skids against the euro. Late Wednesday, the euro was trading at $1.588 vs. $1.578 on Tuesday. Traders essentially shrugged off a June factory orders report that came in better than expected at a 0.6% gain vs. economists’ projections for a rise of 0.5%.

Tags: Doug Casey, euro, UD dollar, US jobless rates
Posted in US Dollar & Forex Trading | Comments2008-07-03+14%3A14%3A55Doug+Casey

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