06/05/09 - Daily Forex Market News from cmsfx.com

Surprise Non-farm Payroll Release Boosts Greenback
Friday, June 5th, 2009
The nonfarm payroll report showed the US economy shedding 345K, a much better figure than the 520K decline expected by economists. The news strengthened the greenback against its rivals as it implied the US recession was easing faster than expected.