US Dollar falls after Weak Economic data

The US dollar fell downwards against its major rivals after a series of disappointing economic data that came from US. Additionally, jobless claims rose to 339 000, missing the median expectation for January of 330 000. Previously the US currency has jumped up against the Australian dollar after unemployment in Australia reached its highest rate in a decade. According to the recent statistics, the Australian economy lost 3700 job during the first month of 2014. The Aussie went downwards after the unemployment in Australia increased to 6% in January, despite the…

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