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Wednesday, October 6, 2010

Forex News Daily Recap (10/6): Dollar Stumbles as ADP Jobs Report

Wednesday, October 6, 2010
Forex News Daily Recap (10/6): Dollar Stumbles as ADP Jobs Report A US jobs report showed that private companies shed payrolls in September. That increased the prospect of quantitative easing by the Fed and pressured the US Dollar. In NY trading we saw the EUR/USD at a fresh 6-month high, USD/JPY breached a fresh 15-year low, USD/CHF fell to a new record low, and the AUD/USD climbed to a 26-

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