At 5 PM GMT, we saw final macro readings about orders in US economy and JOLTS report from labor market. In February the US job openings was first time below 10 mln since May 2021 signalling weaker demand in US economy.
- JOLTS: 9,931 MLN vs 10,5 MLN expected and 10,824 MLN previous
- US Factory Orders: -0.7% MoM (forecast -0.5% MoM, previous -1.6% MoM)
Chart of EURUSD, M15 interval. After US macro reading USD is weakening. Źródło: xStation5
Strong Service ISM Reading as activity expanded most since 2022
BREAKING: Stronger than expected ADP fails to support the dollar 🇺🇸
Economic calendar: ADP Labor market report and ISM services 🔎
Morning wrap (04.03.2026)