USD/JPY Forecast: Fed Rate Cut Bets Surge After Dismal NFP

The US economy added a smaller 175,000 jobs last month. The US unemployment rate increased to 3.9% in April. The yen gained 3.5% last week, ending its best week since December 2022. The USD/JPY forecast shows a temporary pause in a downward trend as the dollar recovered on Monday. Still, a recent decline in US...


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