Article Feed
Twitter
European Session: Waiting on NFP
09/04/09 by Daily Forex Snapshots
Filed under Forex & Futures
|
The US Dollar continued its weakness against the majors as US stocks ended their 4 day losing streak as Chain store sales exceeded forecast and Chinese equities rallied the most in six months. Chain stores such as Costco rallied 8.6%, Gap rallied 7.6% while Alcoa and Caterpillar helped move the Dow Jones index higher as the Shanghai Composite Index rallied 4.8%.
Despite higher Jobless Claims… |
||||||||||||||||||||
More on this topic
(What's this?)
Stagflation Ahead?
(Financial Armageddon, 3/4/10)
The Birth/Death Model Has Added 1.38M Fictional Jobs
(The Value at Risk, 8/7/09)
My Latest 'Market Observation'
(Financial Armageddon, 11/5/09)
Poor Claims Data Weighs On Non-Farm Payroll Forecasts
(Jutia Group, 2/4/10)
Comments
Tell us what you're thinking...