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Forex: USD/JPY soars above 99.00 after strong NFP

FXstreet.com (Córdoba) - The greenback strengthened across the board and jumped to a 1-week high versus the yen after the non-farm payrolls report showed the US economy added 165,000 jobs in April, beating expectations of 145,000.

USD/JPY climbed over 100 pips in a matter of minutes and reached a high of 99.11 in recent dealings. The pair is currently trading near highs at the 99.00 zone, where it records a 1.0% gain on Friday.

Strong employment data trims expectations that the Fed could extend asset purchases, boosting the US dollar.

From a technical perspective, Valeria Bednarik, chief analyst at FXstreet.com comments that we may see some consolidation following the knee-jerk reaction, "but if price holds above 98.60/80 price zone, further gains can be expected towards 99.60 today".

Forex: GBP/USD plummets to 1.5500 level after US payrolls

The GBP/USD faced a generally upward path leading into US trading Friday, having risen higher intraday. On the heels of economic data in the United States, the pair is now trading at 1.5501/02 in these moments, incurring a loss of -0.23% off is opening.
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Forex: AUD/USD taking it easy after US data

The Aussie dollar is hovering over 1.0270/75 on Friday after US Non-farm Payrolls surprised market participants climbing to 165k in April, leaving behind the median at 145K and the previous...
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