Unemployment rate in the U.S. higher. Dollar in forex trading slightly weaker on Friday 05.09.08
Kategorie: Dollar Forex, 27.April 2009
The labour market in the U.S. is still on a downward trend.
The August unemployment figures were 6.1%, instead of the expected
5.7% reported. The job cuts continues. In August 84'000 bodies were
dismantled.
The falling oil price supports the dollar in the FOREX market. The EUR / USD is on a daily low of 1.42 fallen.
On the big day loss was also the declining industrial production with a minus in July from 0.8%.
Forex rates to 15:15 EUR / USD 1.4307 EUR / CHF 1.5875