Latest news on February Job Loss Data
| Will continued economic weakness send the US dollar higher in currency trading?pfont size="2" face="verdana,arial,helvetica,sans-serif"Februaryb job loss data/b is expected to show continued declines in the employed. The recession continues to claim jobs, as companies look for ways to cut costs. There doesn't seem to be much that can be done to stem the tide of job loss -- at least until the employment measures in theb economic stimulus bill/b take effect./font/p pfont size="2" face="verdana,arial,helvetica,sans-serif" The Financial Times reports on some of the a title="job loss data, economic weakness, US dollar, forex traders, currency trading, dollar currency trading, small businesses" target="_blank" href="http://www.ft.com/cms/s/0/c93f2546-08bc-11de-b8b0-0000779fd2ac.html"areas that were hardest hit by job losses/a:/font/p ul lifont size="2" face="verdana,arial,helvetica,sans-serif"Services sector./font/li lifont size="2" face="verdana,arial,helvetica,sans-serif"Construction./font/li lifont size="2" face="verdana,arial,helvetica,sans-serif"Good producing./font/li /ul pfont size="2" face="verdana,arial,helvetica,sans-serif"As one might expect, bsmall and medium sized businesses cut the most jobs/b./font/p p font size="2" face="verdana,arial,helvetica,sans-serif"With weak economic data remaining the focus for many investors and forex traders, it is likely the the US dollar will see some continued strength in bcurrency trading/b./fontbr //ph3See Also/h3ullia href="http://www.fx360.com/?aid=5704" target=%quot;_blank%quot;US Dollar in Currency Trading/abr/News and information for forex traders/li/ul Read More Here
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