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.
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