April 7, 2023

USD/JPY Gains After Solid US Nonfarm Payrolls Showing Embracing the Positive Momentum As the USD/JPY pair continues to post gains in the North American session, following a strong performance by US nonfarm payrolls, investors are embracing the positive momentum with cautious optimism. The pair is currently trading at 132.24, reflecting a 0.36% increase on the…

The Impact of US Data Releases on Markets Backloaded Week with Key Data Releases The week was backloaded with US data as the Wednesday release of Services PMI numbers was followed by the Friday NFP report. The jobs report is somewhat of a peculiarity at this point as this was released on Good Friday, when…