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Yen holds gains as earlier USDJPY surge lingers

USDJPY held its gains on Thursday after a sudden, brief surge in the prior session. Traders suspect government authorities may have driven the move, keeping pressure on the dollar ahead of the U.S. jobs report.

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By Rae WeeThe yen held its gains on Thursday after a sudden, brief surge in the previous session that traders suspect may have been driven by government authorities, keeping pressure on the dollar ahead of a crucial U.S. jobs report.The yen FX_IDC:USDJPY was last steady at 158.88 per dollar, having…