Greenback Rises Ahead of Employment Report

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03-05-2010, 01:56 AM

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Greenback Rises Ahead of Employment Report

The dollar rose on Thursday ahead of Friday's US employment report. The labor situation is improving; nevertheless, the blizzard that hit the East Coast during the survey week may subtract as many as 100-150K jobs. US economic data were mixed. Initial jobless claims fell, nonfarm productivity growth was revised higher,...

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