Market Foсus

On Monday, 11.12.2017, the economic calendar will be almost empty, but with an important news about data on the number of open vacancies in the labor market of JOLTS USA. This indicator gives an opportunity to assess the state of the labor market and plays a significant role in assessing the situation on it. The indicator has a less strong impact on the movement of the US dollar, as it is published later, after Non Farm Payroll.

According to the forecast, in November the indicator increased to the level of 6,239M, against the value of October at 6,093M. If the forecast is confirmed, the US dollar will receive some support and one should expect its growth in the range of 20-30 points against the basket of currencies.

Alexander Sivtsov