| Published: November 6, 2009 1:30 AM | | | It was an uninspiring final day of the Asian trade week as traders sat on the sidelines ahead of US employment data due out later in the day. The non-farm payroll and unemployment data will be a strong indication of the strength of the current recovery in the US. The forecasts show a loss of 173K jobs for last month and an overall unemployment number of 9.9%, up from last month’s 9.8%. As could be expected, if the data disappoints the dollar should be the benefactor, and on the other hand, if the data is in line or better, the dollar should be dumped like yesterday’s newspaper. » Read More | |
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