Market Review – 08/06/2013 01:30GMT Dollar rises broadly on short covering after U.S. jobs data The greenback rebounded strongly against other currencies on Friday as the report showed the U.S. jobs creation was in modest pace, supporting market speculation that the Fed may begin to taper its asset purchases some time possibly in September. Versus the Japanese yen, the pair went through a volatile session Friday. Although the greenback recovered from Thursday’s low at 95.90 to 97.52 in Asian
See original here:
Dollar rises broadly on short covering after U.S. jobs data : June 10. 2013
