[FX/Today's factors] USD/JPY expected to remain firm after US employment report exceeds market expectations (9th) (Jiji Press)

The story

In the Tokyo foreign exchange market on the 9th, the dollar is expected to remain firm against the yen. The latest US employment report exceeded market expectations, which is thought to have strengthened expectations of an early US rate hike.

Although the main text does not provide specific figures or timing, it indicates that the upside surprise in the US employment report could support dollar buying.

At a glance

Employment reportThe US employment report was said to have exceeded market expectations

Rate hikeExpectations of an early US rate hike were thought to have strengthened

MarketUSD/JPY is expected to remain firm in the Tokyo market

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