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Another important number for the EUR/USD to focus on at 3pm GMT

Leaving aside the latest ISM data due out shortly, there is also another important release due out at the same time. That is the latest JOLTS, job openings report and this can shift the dial in terms of how the markets react to it in general and more specifically how the dollar reacts. Since my last update here on the EUR/USD, the rebound to above 1.0840 has given way a few times now to further tests on the downside. However, so far that 1.08 level has remained intact. The JOLTS data could decide whether or not that remains the case. The markets are expecting job openings to have decreased to around 9.3 million in October, compared to a figure of 9.55 million in September. The EUR/USD is braced, as is the USD/JPY to move on this and the ISM data and the EUR/USD is right now testing session lows once more 
 

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