Positivity returned to the US dollar yesterday, as the JOLTs Job Openings showed a much better than forecasted increase. This follows a poor non-farm employment change release last week, which shows that there are jobs available for the employment market to grow. The US dollar remained quite static today, even with this release.
Weekly unemployment claims are set to drop slightly and remain a stable figure, with import prices expected to take a hit due to the recent strength of the US dollar. Friday will still be seen as the focus of the week, with both producer inflation expected to decline and consumer confidence expected to drop slightly.