Investing.com - The number of job openings in the U.S. fell more than expected in October, but remained in territory consistent with an improving labor market, official data showed on Tuesday.
In a report, the U.S. Labor Department said that the number of job openings, excluding the farming industry, decreased to 5.383 million in October from 5.534 million a month earlier. Analysts had expected the number of job openings to decline to 5.500 million.
The report has garnered more attention lately, as Federal Reserve Chair Janet Yellen often cites the survey when assessing the state of the labor market.
EUR/USD was trading at 1.0875 from around 1.0877 ahead of the release of the data, GBP/USD was at 1.4980 from 1.4979 earlier, while USD/JPY was at 122.87 compared to 122.84 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 98.52, compared to 98.53 ahead of the report.
Meanwhile, U.S. stock markets were broadly lower after the open. The Dow 30 shed 1.15%, the S&P 500 dropped 1.1%, while the Nasdaq Composite declined 0.8%.
Elsewhere, in the commodities market, gold futures traded at $1,072.80 a troy ounce, compared to $1,073.70 ahead of the data, while crude oil traded at $37.47 a barrel from $37.25 earlier.