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USD/JPY slides to one-month high near ¥157 on BOJ bets

Japan’s yen strengthened from above ¥160 to around ¥157 over two sessions. Attention now turns to Friday’s US jobs report to gauge whether the reversal can extend.

USDJPY

Japan’s currency has strengthened from above ¥160 to around ¥157 in two sessions.

Friday’s US jobs report now determines whether the reversal has further to run.💴 Yen finally finds some momentum🏦 BOJ turns up the hawkishness👷 US payrolls control the other side