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USD/JPY takes a hit from JOLTS even as US consumer confidence smacks it out of the park

The two major US economic releases of the day have just hit the screens. The JOLTS- Jobs opening numbers have fallen quite dramatically, to 7.44 million. The markets were expecting a number around 8 million. The reaction in the markets was immediate. The dollar fell back across the board. The GBP/USD spiked above 1.30 and the EUR/USD lifted above 1.0800 again. The USD/JPY took a hit too, falling towards 153.25 and Gold spiked to a new record high above $2,766. However, as if to temper that move the US consumer confidence index has just smashed estimates by rising above 108. That is way higher than the 99.5 reading expected. The dollar has steadied following that data but it seems clear, the hard data from the JOLTS numbers is probably more relevant to where the dollar might from now on today 
 

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