Dollar Rises to 8-month high on U.S. Non-Farms Report and European Worries
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Dollar Rises to 8-month high on U.S. Non-Farms Report and European Worries
The dollar climbed to an eight month high versus the EUR on Friday after the release of the U.S. jobs report. Credit concerns in Europe are weighing on the market as traders have moved out of riskier currencies and into the safety of the dollar and yen.
Economic News
USD – Unemployment Rate Improves
The greenback was significantly stronger across the board at the end of Friday's trading with the lone exception coming against the Japanese yen.
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