In the U.S. foreign-exchange market, USD/JPY briefly weakened to the ¥156.90 level following weak U.S. employment data. Further volatility is expected depending on upcoming U.S. economic data.
In the U.S. foreign-exchange market, USD/JPY at times fell to around ¥157 following weak U.S. employment data, before weakening to the ¥156.90 level.
The move appears to have been driven by weakness in U.S. employment indicators, and further economic data releases could cause the currency market to move again.