USD/JPY briefly rises above 156.50 to set a new high, London FX

In the London market, USD/JPY briefly rose above 156.50, reaching a high of 156.54. Ahead of the release of U.S. jobs data, the market saw a correction of the previous day's sharp decline.

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The story

wait, incorrect. Recompute. The paragraph should reflect 156.54 high. Let's craft properly.

In the London morning session, USD/JPY rose from the 156.40 range to briefly reach a high of 156.54.

Against the backdrop of the upcoming release of U.S. jobs data, the market saw a correction of the previous day's sharp decline. Trading data shows USD/JPY holding around 156.51.

At a glance

DateLondon morning

LevelNew high of 156.54

Currency pairUSD/JPY

Current priceUSD/JPY 156.51

BackgroundMoves ahead of the release of U.S. jobs data

MotivationCorrection following the previous day's sharp decline

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