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US October JOLTS beats forecasts despite lower revision- USD/JPY reclaims 149

The quite important US JOLTS- job openings data for October has just been released. As noted here much earlier today, the markets were expecting a slight increase in the number of US vacancies. That was forecast at around 7.52 million (expectation revised higher), from a prior reading of 7.443 million. That actual number was 7.744 million. Hence, quite a beat, but the prior number was revised lower, to 7.372 million. That revision has rather tempered any reaction to the increase. So, the dollar is a little higher, in terms of an immediate reaction, but not much much as might have been the case had the prior number not been revised lower. The USD/JPY has nevertheless reacted positively to the data, rising back above the 149 handle. Earlier the dollar fell back to 148.64 on the South Korean news. It is currently trading at 149.04 
 

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