Forex news for US trading on August 10, 2016
The JOLTS Job openings were solid. Nothing new there and as Adam pointed out, the "market" is somewhat numb to the jobs market now. You can add that the market is numb to central bankers too. That leaves inflation and maybe even productivity gains as things of concern. Neither are showing signs of life – at least in the US. Ryan did post a story on how the lower pound is already leading to importers raising prices on the back of the post-Brexit GBP weakness. The currency impact is certainly working its way through the market quicker these days. ; ).