US job openings in September significantly exceeded expectations, sending USD/JPY up to the mid-¥158 range. US Treasury yields also rose immediately after the release, bringing the market to life ahead of the employment-related data due at the end of the week.
US job openings in September, a key indicator of the US labor market, came to 7.523 million, significantly exceeding the forecast of 7.164 million. The previous figure was revised from 7.079 million to 7.190 million.
In response, USD/JPY rose to the mid-¥158 range. On a daily basis, the pair was approaching its 200-day moving average at around ¥158.60.
US Treasury yields also extended their gains alongside movements in major currency pairs, and the market continued trading amid potential volatility ahead of the release of the US employment report at the end of this week.