Positive Jobs Report Boosts USD

Source: ForexYard Positive Jobs Report Boosts USD The USD saw gains across the board on Friday, following a significantly better than expected US Non-Farm Payrolls figure that helped boost confidence in the US economic recovery. Perhaps most significantly, the USD/JPY came off its recent three-month low. The news calmed fears that the Bank of Japan would soon intervene to limit yen growth. This week, Greece is likely to be back in the headlines as investors eagerly await news of a possible debt-swap deal. Any positive developments are likely to help riskier currencies like the euro and Australian dollar. Economic News USD – USD/JPY Comes off Three-Month Low Following Jobs Report The better than expected US Non-Farm Payrolls . . . → Read More: Positive Jobs Report Boosts USD