Friday, September 05, 2008

Greenback ticks lower versus euro as unemployment rises to 6.1 percent, Friday, September 05, 2008 8:40:21 AM

The dollar ticked lower versus the euro after the release of government data showing that US non farm payrolls dropped 84,000 in August from a revised loss of 60,000 in July. The unemployment rate came in at 6.1 percent, its lowest level since 2003.

The buck pulled back from its 10-month high of 1.4195 versus the euro, slipping to 1.4275 minutes after the release of the jobs data.


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