FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USCAD and EURJPY) for the day)
FxWirePro: USD/JPY holds marginal gains, upbeat NFP data supports
Chart - Courtesy Trading View
USD/JPY was trading 0.07% higher on the day at 145.23 at around 15:34 GMT.
The pair is holding marginal gains after mixed US NFP data failed to impress the dollar bulls.
Data released earlier on Friday showed that the unemployment rate unexpectedly fell to 3.5% in September from 3.7%.
Furthermore, the US economy added 263K new jobs during the reported month, more-than-anticipated 250K.
Data stoked bets for another supersized 75 bps Fed rate hike move in November, underpinning the greenback.
USD/JPY trades with a strong bullish bias. The pair is on track to refresh yearly highs above 145.90.