Forex News – Dollar tumbles after Nonfarm Payrolls below forecast
Posted on September 6, 2013 at 12:56 pm GMTThe U.S. dollar tumbled across the board after disappointing jobs report. The highly anticipated Nonfarm Payrolls report showed a lower than expected number of new jobs added to the American economy in August. Economist had predicted 180,000 new positions but only169,000 were created, but still above July’s dismal 104,000. The unemployment rate dropped to a 4-1/2 year low of 7.3 percent, however, this was due to more workers giving up the search for work. The data today could delay the [..]