The USD/JPY currency pair saw selling pressure near the 155.60 level during the early Asian session on Friday. This decline comes in response to disappointing US jobs data, which fell short of expectations, contributing to a decreased appetite for the US Dollar. The weaker employment figures have prompted traders to reassess their positions, resulting in a notable shift in the exchange rate dynamics.
Additionally, the US Federal Reserve's less hawkish stance has added to the downward momentum for the USD. As the market digests the implications of the employment report, the outlook for monetary policy remains under scrutiny. The combination of these factors has created a cautious trading environment, prompting investors to seek safer assets like the Japanese Yen amid increasing uncertainty.
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Data Source: FX Killer Analysis Team Updated: 2025-12-11 23:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.