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First Published Friday, 10 July 2009 02:34 pm - © 2009 Need to Know News
The Greenback strengthened ahead of the June employment report - and moved stronger following the worse-than-expected result. Trading will continue in Europe overnight; however, the US market will be closed tomorrow for the July 4th holiday.
EUR/USD dropped 140 pips to near figure 1.40 following a Moody's downgrade of Ireland's debt. CABLE lost 80 pips to figure 1.64; while USD/JPY dropped to close just below figure 96.
