GO Markets - FX Market Commentary

By Chris Gore
07 December 2009 @ 05:31 pm EDT

The greenback continued its winning streak overnight, with European markets kicking off the preceding with a severe case of Mondayitis. This comes courtesy of a broad based retreat in key commodities, which continue to suffer under the weight of the latest surge of the US Dollar. The primary trigger was Friday's outperforming Non Farm Payrolls which fell by 11,000 in the month of November, outstripping the 125,000 cuts predicted. 

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