The US dollar continued to benefit from its perception as a safe-haven, posting gains against the pound and the euro in yesterday’s session.
While markets rarely get everything (or even very much) right, it’s not often consensus estimates miss the mark as much as they did for the US JOLTs job openings read yesterday. Forecasts overshot the actual figure by around 650k, as the US labour market slowed by a much faster rate than anticipated.
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