-
USD/JPY: Trading the JOLTS Job Openings
JOLTS Job Openings measures the number of employment openings each month, excluding the farm industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for USD/JPY. Published on Tuesday at 14:00 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. Thus, publication of employment data, such as the JOLTS Job Openings,, is highly anticipated by the markets, and the indicator can have a strong impact on the direction of USD/JPY. JOLTS Job Openings has now risen for three straight ... (full story)