Yen Slides to 154 Range After Robust U.S. Jobs Report
JAPAN: The Japanese yen briefly weakened to the upper 154 range against the U.S. dollar following stronger-than-expected U.S. jobs data. Solid employment figures reinforced expectations that the Federal Reserve may keep interest rates higher for longer. The widening gap between U.S. and Japanese monetary policy continues to pressure the yen. Currency traders reacted quickly, pushing [...]
