Forex Top Team

USDJPY temporarily rises to 145.34 level, dollar buying movement after US employment statistics

USDJPY pair was temporarily bought to the 145.34 level in response to the strong results of the US employment statistics. It was the highest level since September 22nd. However, US stock futures have fallen sharply and speculation about the Bank of Japan’s foreign exchange intervention has slowed the momentum to buy higher prices.

 

It’s just a little better than expected, so we assume that USD-JPY won’t be able to move up because it’s the weekend, and USD-buying won’t go that far.

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