Contributors Fundamental Analysis EUR/USD: JOLTS Job Openings

EUR/USD: JOLTS Job Openings

The Greenback depreciated against the Euro on a slightly weaker number of job openings for October reported on Monday. The EUR/USD exchange rate rose 10 base points to the intraday high at 1.1805. Though, the pair lost all gains to continue trading session nearing 1.1770.

The Labour Department stated that the US job openings cooled unexpectedly in the month of October from a record-high registered previosly. According to the JOLTS survey, the number of jobs expecting to be filled dropped 181K to 6.00M, following an upwardly revised 6.18M in the prior month. Meanwhile, the number of hirings grew to 5.55M, with the most of increase coming from hitel and restaurants, the health care industry, financial services and manufacturing.

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