Data on open vacancies in the US
- JOLTS job openings (November), fact 6.888M, forecast 7.063M.
The number of vacancies in the US labor market JOLTS in November slowed down for the third month in a row, increasing the pressure on the American dollar, that remains under the pressure of optimism. It should be noted that the indicator of open vacancies in the JOLTS labor market has entered a recession phase, while the values of this indicator remain near historical highs.
The US currency reacted to these events with a moderate decline, maintaining the daily upward trend. Also, the US dollar index on this news accelerated the correction due to technical factors psychological level of 96.00 and the upper limit of the downward channel of recent days.
The US dollar index chart. The current price is 96.00 (10-year government bonds yield is the blue line)
Read also: “The economy of Mexico – it’s time to pay attention to the Mexican peso”
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- Geopolitical risks for the beginning of 2019! (Part 2)
- Geopolitical risks for the beginning of 2019!
- Top 5 books on trading. Read and progress!
Current Investment ideas: