USD/JPY climbs during the North American session courtesy of solid US jobs data, which spurred a jump from the last two days' lows of 148.26. On its w
USD/JPY ascends to 149.50, rebounding from lows, driven by a US jobs report that eclipsed market expectations. Despite a surge, USD/JPY retraces slightly, settling around 149.20, with US 10-year note yielding at a sturdy 4.780%. Japanese officials express concerns over Yen volatility, while a rise in the 10-year JGB coupon hints at potential BoJ intervention. ay north, buyers reclaimed the 149.00 mark and hit a three-day high of 149.50, underpinned by high US bond yields.
On the Japanese front, authorities remain vocal in regard to “excessive” Japanese Yen volatility in the FX markets. Masato Kanda said on Wednesday, “If currencies move too much on a single day or, say, a week, that's judged as excess volatility.” “Even if that's not the case, if we see one-sided moves accumulate into very big moves in a certain period of time, that's also excess volatility,” he said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/JPY recovers from the recent losses near 149.00, eyes on US NFP dataUSD/JPY recovers from the recent losses, trading higher around 148.90 during the early European session on Friday. The pair finds support on the upsid
Les mer »
USD/JPY to surge above 150 on stronger-than-expected NFP – MUFGUSD/JPY is trading near 149. Economists at MUFG Bank analyze the pair’s outlook ahead of the US Nonfarm Payrolls report. USD/JPY to see a clear break
Les mer »
Japanese Yen Latest: NFPs to Send USD/JPY Lower or Will the BoJ Need to Intervene?Bank of Japan officials will be watching today’s NFP report with interest to see the reaction of the US dollar. Another leg higher for the greenback may force the Japanese central bank into the market.
Les mer »
Japanese Yen Outlook: USD/JPY in Calm Waters for Now but Bullish Breakout LoomsThis article focuses on USD/JPY’s near-term outlook, incorporating both fundamental and technical analyses. It also scrutinizes pivotal price levels that might function as resistance and support in the coming trading sessions.
Les mer »
USD/JPY refreshes three-day high at 149.50 on upbeat US labor demandThe USD/JPY pair prints a fresh three-day high at 149.50 after the release of the better-than-anticipated United States Nonfarm Payrolls (NFP) report.
Les mer »
USD/JPY could be just below 150 in mid-2024 on a US no landing – SocGenKit Juckes, Chief Global FX Strategist at Société Générale, analyzes EUR/USD and USD/JPY outlooks on three scenarios Hard, soft, or no landing at all?
Les mer »