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JOLTS Job Openings decrease to 6.54M in December
The number of job openings on the last business day of December stood at 6.542 million, while for November it was revised downward to 6.928 million, according to the US Bureau of Labor Statistics, as reported in the Job Openings and Labor Turnover Survey (JOLTS) on Thursday.Fxstreet
Thu, Feb 5
GBP: March rate cut likely following BoE decision – ING
The Bank of England's recent decision to maintain rates at 3.75% has increased the likelihood of a rate cut in March, according to ING. The decision was influenced by new analysis in the Monetary Policy Report, which suggests that wage growth is nearing the target inflation rate.
Fxstreet
Thu, Feb 5
JPY: Weakness persists despite improvements – Societe Generale
Societe Generale analysts highlight that the Yen remains weak despite significant undervaluation relative to purchasing power parity and an improved balance of payments. They suggest that concerns regarding the government's ability to maintain a downtrend in the debt-to-GDP ratio are overblown.
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