Forex outlook: dollar to rise in afterglow of US jobs report

Posted by 7Star Sunday, March 7, 2010

The dollar is expected to rise next week in the afterglow of a better-than-expected US employment report and as the euro struggles on ongoing concern about Greek fiscal problems. US employers cut a smaller-than-forecast 36,000 jobs in February, leaving the unemployment rate unchanged at 9.7 percent, according to a government report on Friday that said it was unclear how severe weather had impacted payrolls.

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