USD/JPY jumps after NFP erasing daily losses, finds resistance below 136.00
02.12.2022, 14:33

USD/JPY jumps after NFP erasing daily losses, finds resistance below 136.00

  • US Dollar soars across the board after NFP.
  • Better-than-expected numbers trigger a decline in US Treasuries.
  • USD/JPY rises by almost 200 pips, finds resistance below 136.00.

The USD/JPY jumped from 134.10 to 135.95, after the release of the US official employment report that showed better-than-expected numbers. The pair then pulled back toward 135.00 after the initial reaction.

Jobs market still healthy, so is the Dollar?

Nonfarm Payrolls rose by 263K in November, the smallest since April 2021 but the number surpassed expectations and showed positive signs about the health of the labor market.

The US Dollar jumped after the report, while equity prices tumbles and US Treasury yields soared. The economic figures mean a go-ahead for the Federal Reserve to keep raising rates in order to control inflation. “This means that the labor market is hardly cooling off and remains stronger than the Fed would like”, said analysts at Commerzbank.

The combination of a stronger US Dollar and higher US yields sent the Japanese Yen to the downside across the board. It is still among the top performers of the day, but off highs.

The USD/JPY peaked at 135.95 and then pulled back. After the opening bell at Wall Street the pair is hovering at 135.10/30, as volatility remains elevated with market participants still digesting the NFP and its impact.

On a weekly basis, USD/JPY is headed toward the lowest close since mid-August, about to post the sixth weekly decline out of the last seven weeks.

Technical levels

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik