Yesterday was a more upbeat day for the US Dollar, with the Job Openings and Labor Turnover Summary (JOLTS) and Crude Oil Inventories figures showing positive signs. The JOLTS data reported a two-month high, supporting the better than expected figures in last week’s Non-Farm Employment change.
Today we can look forward to the weekly unemployment claims, where another stable figure is expected. Import prices that follow, however, are expected to post a six-month low, so it remains to be seen how the US dollar will react on the whole.
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