The U.S. job openings fell in April to the lowest level in over three years, indicating a slowdown in the labor market. This development could help ease inflationary pressures, as a cooler job market may lead to slower wage growth. Consequently, the Federal Reserve might consider interest rate cuts to stimulate economic activity if the labor market continues to show signs of weakening and inflation trends downward.

This will help the currency market to move higher $BTC