The US dollar recovered on Friday after the Non-Farm Payrolls came out slightly better than expected. And also today, the greenback enjoys a positive jobs report.
The JOLTs job openings report for June jumped to 6.163 million, far better than around 5.7 million expected. While this is a lagging report (the NFP was for July), the Fed focuses on this report and sees it as a wider measure of employment.
This is not only above the round 6 million level but also a new record high. The level of quits, seen as a sign of confidence
After a quiet start to the week, this report triggers further dollar buying.
A correction was necessary after the big dollar sell-off. Is this still a correction or a change of course?
from Forex Crunch http://feedproxy.google.com/~r/ForexCrunch/~3/77m6bMCdqWw/
from Online Forex Trading Resource
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