Weekly Market Review – Video
The growth of US dollar rate may continue
As expected, positive macroeconomic data boosted the US dollar index last week. A report on Tuesday indicated Construction spending in October increased: it confirmed the recovery of the US real estate market. Quite positive labor market data were released on Friday. The number of new jobs added in November was the highest since January 2012 and reached 321 thousand. Unemployment rate hit a six-year low of 5.8%. For 11 months in a row more than 200 thousand new jobs a month have been created in the…
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Source: IFC Markets
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