The Traderszone Network

Published in TZ Latest News 12 July, 2014 by The TZ Newswire Staff

Dollar Is Going Nowhere Quickly

By Marc Chandler:

The strong US jobs gain reported on July 3 failed to instill any kind of traction for the greenback, which fell against all the major currencies over the past week. The only exception was sterling. It slipped by about 0.2% against the US dollar, on the back of some disappointing data and a decline in UK yields.

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