USD/JPY soars to new highs after strong US jobs data dampens rate cut hops

BY admin admin

The USD/JPY bounces from around the 146.00 handle and prints a new three-day high at 148.05 after a strong US Nonfarm Payrolls report pushed aside Federal Reserve’s rate cut speculations amongst the investment community.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

NFP: Horrendous reading reinforces the dollar

Non-farm payrolls lose 701,000 despite incomplete accounting while the US dollar continues to gain on safety trade from global virus economic impact,

Forex

AUD/USD Price Analysis: Upbeat Chinese Data Supports Aussie

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage

Forex

EUR/GBP approaches multi-month highs as bulls step in

The EUR/GBP trades with strong gains around the 0.8740 area with the pair clearing Mondays and Tuesdays' losses.

Copyright © 2025 | WordPress Theme: Xews Lite