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USD/JPY continues to press higher after US JOLTS beats estimates

The dollar has now won back ground following the release of a better than expected US JOLTS, job openings release. US Job openings rose by 9.02 million last month against an expectation of a 8.75 million number. The previous number was revised higher too. The latest US consumer confidence index also rose more than expected, to 114.8. However, the previous reading was revised quite a bit lower. That does not seem to matter much right now, because it is the JOLTS data that has given the dollar a needed shot in the arm. That is best seen right now in the USD/JPY. The dollar has risen to a new session high at around 147.86 following this data. It is currently trading at 147.81
 

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