Japanesse Yen weakened against all other major currencies after friday’s industry report said that U.S. companies increased the number of workers for the first time since January 2008. “Related to the increasing global economic outlook and investor sentiment becomes normal, the money will be moved from low yield to high yield,” said Daisuke Ueno, chief Gaitame.Com Research Institute Ltd.
USD/JPY still on uptrend. It’s up… up…. and away. A correction will be good opportunity to enter long position again