Sasha Singh
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What JOLT Job Numbers Will Bring For USDCHF ?

US Dollar seems to be consolidating within a symmetrical triangle on the hourly chart ahead of the JOLTS Job opening data which is due for release at 10:00 AM EST by Bureau of Labor Statistics. Although this data is released late, but it can impact the impact the market because job openings are a leading indicator of overall employment. On the hourly chart, the pair might breakout from any of the trend lines depending on the data. Investors might be expecting a strong data because of the last week’s strong employment change data. EURUSD will also be moving in the similar way but just opposite to USDCHF as there is a negative correlation between EURUSD and USDCHF.