USD: Markets review Jackson Hole comments

The US dollar has weakened slightly against the euro, pound and Australian dollar since the weekend. Yesterday was a quiet day for data but today we get the first of the main employment readings with JOLTS job openings this afternoon.

The markets will be keeping a close eye on this following US Federal Reserve chair Jerome Powell’s comments at Jackson Hole on Friday, where the tightness or looseness of the labour market has been viewed as a key component of monetary policy

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