Day: October 5, 2007

Employment Situation in U.S. Improving

Dollar continues its volatile market dance with Euro currency undecided whether to go south back to 1.4000 or break through to 1.4500. Recent bad fundamental news made positive effect on dollar, most probably because of financial institutions cashing out of stock markets. But today this “bad news — strong dollar” trend was broken. September nonfarm payrolls came out at 110k — even better than already […]