The New Zealand dollar fell to one-week lows against the dollar
- Posted Friday, July 03, 2009 -
- FXstreet.com
The US dollar was higher vs. most major currencies as weak global
data bolstered risk aversion. Domestic data showed that US
employers cut 467,000 jobs in June, more than forecasts of 363,000.
The unemployment rate rose to 9.5% as the labor market continues to
struggle with the deep recession. Positive data showed that factory
orders were up 1.2% and durable good were up 1.1%. The euro fell
against the dollar as investors fled to safe-haven currencies
following data showing Euro Zone economic
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