Impact of Jobs Report on USD and JPY; Market Cautious Amid Tensions
Friday, 5 April 2024, 01:13
USD Holds Steady as Markets Await Jobs Data
The U.S. dollar steadied against other currencies after recovering from a recent low, with traders waiting for key employment figures.
JPY Hits Two-Week High on Safe-Haven Demand
The Japanese yen reached a two-week high against the dollar, driven by safe-haven bids and statements from Japanese officials.
Market Subdued Amid Global Tensions
Major currencies remained subdued amid geopolitical tensions, with investors cautious ahead of the upcoming nonfarm payrolls report.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.