📉 Dollar Selling Continues – JOLTS Job Openings in Focus Today!
📉 Dollar Selling Continues – JOLTS Job Openings in Focus Today! The USD downtrend persists, with today’s JOLTS Job Openings (January) report  being the key event. Recent weak U.S. economic data has reinforced USD selling, and if the job market shows further signs of deterioration, the bearish USD trend could accelerate. At the same time, […]
Yesterday’s USD Weakening Due to Lower-than-Expected ISM; Focus on U.S. Job Openings Today
Yesterday, the NY market saw the USD weaken in response to a lower-than-expected ISM Manufacturing PMI. This caused the USD/JPY to drop to the 155 yen level, while the EUR/USD climbed above 1.09. The Dollar Index also fell to its lowest level in about two months. However, with the U.S. jobs report due on Friday, […]