09.12.2009 - Rising U.S. dollar affects global commodities
From Taipanpublishinggroup.com: The U.S. dollar strengthened with help by a better-than-expected U.S. jobs report last week. The Bureau of Labor Statistics reported that 139,000 jobs were lost in September instead of the previous estimate of 219,000, and 111,000 were lost in October, not 190,000. Overall, the unemployment rate edged down to 10% in November. The numbers excited investors, who expect that the Federal Reserve will keep interest rates low. This in turn prompted a rally in U.S. bond yields, which supported the dollar across the board...................................Full Article: Source
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