0801 USDX:JOLTS Job Openings Data May Increase Market Expectations of No Rate Hike in September

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Today, the U.S. June JOLTS job openings data will be released, which serves as an important indicator of the strength of the U.S. labor market. The current robust labor market poses challenges for the Federal Reserve. If the JOLTS data shows weakness, it could indicate a cooling down of the labor market, impacting market expectations of a Fed rate hike in September.