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US Payroll Data Shows Economy Shedding Less Jobs Than Expected, Dollar Boost Short Li

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US economy shed 51K jobs in July, the seventh straight month of job losses. The number was better than forecast and gave the Dollar a boost in the minutes following the release. The unemployment rate increased to 5.7% from 5.5%, surprising forecasts on the upside. The US manufacturing...

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