Wed, Aug 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Dollar mixed against major currencies

Posted on 14 November 2008

From Xinhuanet.com: The U.S. dollar rose against the pound but fell against the euro Thursday on weak economic data and rising U.S. stocks. The U.S. Labor Department reported Thursday that jobless claims last week increased by 32,000 to a seasonally adjusted 516,000, the highest level after the Sept. 11 terrorist attacks.

The jobless data was much higher than expected and the first time it topped 500,000 in the current slowdown. It is the latest sign that times are getting tougher. A reading above 400,000 is considered a sign of recession…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31