European Session: Waiting on NFP
09/04/09 by Daily Forex Snapshots
Filed under Forex & Futures
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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… |
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