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US JOLTS-Job openings unchanged on balance- USD/JPY drops below 151.50

The February JOLTS-Job opening data has matched forecasts. The previous number was revised lower, so on balance this is perhaps slightly better, at 8.756 million. The Jobs Quits rate has remained unchanged after revisions. The factory goods orders were better than expected at +1.4% versus an expected 1% rebound. The dollar has not advanced on any of this data though and the USD/JPY is tracking a little lower, towards 151.50, having stalled again earlier just above 151.75. The US stock markets are off their lows now though, although the Nasdaq 100 remains under pressure, not least because of more than 5% losses today in Tesla (TSLA). That has been impacted by disappointing shipments numbers released earlier. The USD/JPY is currently trading at 151.48 

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