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JOLTS (job opening data) had a massive surprise, three standard deviations below consensus estimates, the driving job openings to unemployed workers ratio back to pre-pandemic levels.
UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid
Bearish momentum for EUR/USD highlighted by key technical indicators, with pivotal points at $1.07 support and $1.09 resistance levels.
U.S. December Jobs Report Due Out Today; St. Louis Fed Names Musalem Its New President By James Christie Good day. The U.S. Labor Department will release its all-important December jobs report...