U.S. dollar gains Euro on U.S. sales report

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Source: Reuters
The U.S. Dollar closed near its seven-month high versus a basket of currencies on Thursday after a data showed on Wednesday that the U.S. retail sales advanced at the fastest rate in a five-month period suggesting the country's economy is recovering despite tax hikes and spending cuts. The greenback advanced against the shared currency when it closed at $1.2923 on Wednesday and it last stood at $1.2962.

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Thu, 14 Mar 2013 12:58:07 GMT

Sweden's jobless rate rises to 8.5% in February

Swedish unemployment rate marginally increased in the month of February and the total number of people without a job amounted to 427,000 in the same month, when it stayed unchanged from February 2012, the Statistics Sweden reported on Thursday. The jobless rate grew from 8.4% recorded in January to 8.5% the following month.

Fri, 15 Mar 2013 08:45:10 GMT

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