BREAKING: USD muted after layoffs data

12:31 PM 5 October 2023

The Challenger report on announced job cuts for September was released today at 12:30 pm BST. Release was closely watched after ADP and JOLTS reports, released earlier this week, provided a mixed picture of the US labor market. Challenger's report showed a 47.457k, which was decreased compared to 75.151k reported for August. USD has been rather muted following the release with EURUSD ticking less than 0.05% higher after the release.

Source: xStation5

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