USD/JPY rallies on strong US jobs report as risk sentiment jumps

BY admin admin

Impressive jobs report
Treasury yields continue to break out and USD/JPY is nearing 110.00 on a surprisingly strong US jobs report. The unemployment rate was 13.3% compared to 19.8% expected. Even if you add workers who were listed as 'employed' but absent from work for 'other reasons' the unemployment rate only jumps to 16.3%.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Market Sentiment Improves But Confidence Still Fragile | Webinar

Trader confidence has increased on the Federal Reserve’s action to boost liquidity and hopes of a fiscal package to boost the US economy. However, the market rally is fragile and may not last long.

Forex

Rishi Sunak says Britain would go ‘back to square one’ with Labour ahead of first major campaign event of year – UK politics live

<p>Prime minister to speak in north-west of England as MP says Tories have to accept ‘we have left the country sadder and less united’ Good morning. There are three types of campaign you can run

Forex

Euro surrenders part of the advance north of 1.0600, looks at Lagarde

The Euro (EUR) adds to the weakness seen at the beginning of the week against the US Dollar (USD), resulting in a decline of EUR/USD to the 1.0550 reg

Copyright © 2024 | WordPress Theme: Xews Lite