Greenback declines against the Yen as U.S payrolls fall |
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The dollar headed for a decline against the yen, its longest losing streak in four years, before a U.S. government report that economists say will show the unemployment rate rose to the highest level since 1993. The greenback was also poised for a second weekly loss versus the euro on speculation the jobs report will give the Federal Reserve more reason to cut interest rates. “The market is moving to a broadly weak trend for the dollar,” said Hideki Amikura, deputy general manager of foreign Read More...
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