Dollar dips vs euro in thin trade

Saturday, July 04, 2009 LONDON: The dollar dipped against the euro on Friday, reversing some of its sharp gains the previous session following weak US jobs data which dampened hopes that the global economy is poised to recover. Trading was extremely thin, however, due to the US Independence Day holiday, with most major currency pairs staying within very tight ranges. On Thursday, data showed US economy lost a much greater than expected 467,000 jobs in June, while unemployment in Europe also rose to a 10-year... [read full story]                    

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