Some important macroeconomic data was released in U.S. today — employment situation in June from the Bureau of Labor Statistics. As it was expected by the financial analysts, the overall unemployment rate in June remained on 4.5% level — which is quite low and is a good indicator for the U.S. economy.

July 7th, 2007 at 10:56 am
but why still USD is going down against CHF
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July 7th, 2007 at 11:14 am
That’s a good question :). USD is going down not only against CHF, but also EUR and GBP. Good news from U.S. alone is not enough to move dollar higher against other currencies – those news have to be better than the news from Eurozone or Switzerland or United Kingdom. And currently there are some big worries about US real estate sector among financial traders in a long term.
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