JOLTS little changed in December

FXStreet (London) - There were 5.0 million job openings on the last business day of December, little changed from 4.8 million in November, the US Bureau of Labor Statistics reported today.

Hires (5.1 million) and separations (4.9 million) were little changed in December. Within separations, the quits rate (1.9 percent) and the layoffs and discharges rate (1.2 percent) were unchanged. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

There were 5.0 million job openings on the last business day of December, little changed from November. This was the highest level of job openings since January 2001. The job openings rate for December was 3.5 percent.

There were 5.1 million hires in December, little changed from November. This was the highest level of hires since November 2007. The hires rate in December was 3.7 percent.

There were 4.9 million total separations in December (total separations includes quits, layoffs and discharges, and other separations), little changed from November. This was the highest level of separations since October 2008. The separations rate was 3.5 percent. The number of total separations was little changed for total private and government.

USD/JPY extends gains extends gains during US session

The USD/JPY pair extended gains during the US session to hit a high of 119.60 as the strength in the Treasury yields and positive action in the US equity markets keeps Yen under pressure.
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USD/JPY eyeing 120.00 – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, notes technicals suggest that USD/JPY exhibits a strong upward momentum, favouring further advances towards 120.00 levels.
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