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US JOLTS Job Openings stand at 4.67 million – below

A slight miss from another jobs figure in the US: JOLTS remained around previous levels and now stands at 4.673 million.  The Fed eyes this release as it provides a wider view of the labor market.

US JOLTS job openings were expected to rise to 4.72 in July, after 4.671 million in June (before revisions). This was now revised to 4.675 million –  a very minor revision.

The dollar was looking good before the release and seems unexcited from the small miss. EUR/USD remains under 1.29, USD/JPY above 106 and GBP/USD playing around 1.61.

On Friday, we got news that the US economy gained only 142K jobs in August. The  disappointment hit the dollar, but not for too long.



Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.