A rather unexpected and hearty June jobs report by the U.S. government could actually motivate the Fed to halter stimulus bond-buying as soon as September, analysts say. Last month, more than 195,000 jobs were added in the nation. This places the average monthly figure for jobs added in 2013 to …
Read More »U.S. Jobs Data Spurs Rally in Dollar, Stocks
The U.S. dollar is seemingly back in the hot seat after months of fluctuation. It surged against the Yen this week, as the U.S. government reported more jobs added than was previously predicted, which in turn skyrocketed the stock market and increased the value of the dollar. Nonfarm U.S. payrolls …
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