The U.S. dollar rose because of global growth concerns

Source: Forexpros

Although, non-farm payrolls missed estimates, the U.S. dollar rose against other major currencies on Friday, as concerns about European and Chinese growth continue. EUR/USD was traded at 1.2318, gaining 0.40% today.

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Fri, 01 Jun 2012 18:07:10 GMT

Manufacturing in India continues to rise

Indian manufacturing sector steadily continued developing in May. Manufacturing PMI, according to Markit, decreased insignificantly from 54.9 to 54.8. It has been staying above 50, which points to growth, for the last three years.

Fri, 01 Jun 2012 17:45:10 GMT

Prices of German bonds could fall 35%

Chief Economist of High Frequency Economics, Carl B. Weinberg, said that prices for German bonds may fall down by 35%, since it is possible that buns could lose their safe haven asset status, as Eurozone crisis expands.

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