United States: 467'000 jobs lost in June, unemployment rate at 9.50%.

[RTFX-Trading]

United States: 467'000 jobs lost in June, unemployment rate at 9.50%.

The United States shed 467'000 jobs in June, increasing to 9.50% the unemployment rate the highest since August 1983. These figures, although bad, are more or less in line with expectations.

The market's reaction was, however, to sell the "carry trades", the Australian Dollar and New Zealand Dollar are down by respectively 0.75% and 0.90%, while the Japanese Yen is up more than 1%. The Dollar, which still enjoys its status as a safe haven currency, is up against its major rivals by 0.70%.





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