Yen Robust on Strong Wage Growth Data, NFP to Determine Dollar’s Path

<p><img width="612" height="416" src="https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30-600×408.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30-150×102.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30-300×204.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Japanese Yen continues to dominate as the strongest currency for the week, finding additional support from Japan’s unexpectedly robust wage growth data. However, its rally is currently pausing, with global financial markets redirecting their focus towards the impending US non-farm payroll data. Dollar, currently ranking as the second strongest currency, faces a critical test with […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/530798-yen-robust-on-strong-wage-growth-data-nfp-to-determine-dollars-path/">Yen Robust on Strong Wage Growth Data, NFP to Determine Dollar’s Path</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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