Dollar climbs after weak jobs report (CNNMoney)


Posted in Finance by Admin - Nov 7, 2009

The greenback and the Japanese yen climb as investors seek safety following a worse-than-expected report on the U.S. job market

The dollar and yen rose Friday after a report showed the U.S. unemployment rate spiked and the economy lost more jobs than expected, stoking concerns about the U.S. economy and restoring safe-haven demand for both currencies.

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7