Dollar Turns Positive Following JOLTS New Record Level

The U.S. Dollar (USD) extended gains on Monday, after data showed another surge in job openings in the United States, giving more positive signs of a recovery in the labor market.

Data by the U.S. Department of Labor showed that the number of available jobs increased to 10.1 million in June, compared with an upwardly revised reading of 9.5 million in May, according to the Job Openings and Labor Turnover Survey (JOLTS).

Accordingly, job openings managed to hit a new record high, exceeding market expectations by a little less than a million jobs.

The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is up for the day by 0.15% at 92.941.

The index has been moving today in a range between 92.719 and 92.959 and managed to turn to the positive territory after declining during the European session and the opening of the American session.