Currency Note US Dollar

Encouraging labour market data from US

By Smart Currency May 11th, 2016

It was another quiet day for US data, with no major releases. We did see the release of JOLTS Job Openings data, which actually showed growth, posting its best result in eight months. This release contradicts last week’s Non-Farm Employment Change, which showed a decline – the employment sector shows that it continues to grow, with more job openings available.

Today we can expect much of the same, with no major data releases due. Investors will be looking forward to Friday, with both Retail Sales and Producer Inflation expected to show growth.

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