# Dollar hits session lows vs yen following U.S. jobs report

> The dollar fell to session lows against the yen after the US non-farm payrolls report showed 178,000 jobs added in November. Revisions reduced September and October job gains by a net 2,000.

- Date: 2016-12-02 · published 2016-12-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/73716-dollar-hits-session-lows-vs-yen-following-u-s-jobs-report
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The jobs data shapes expectations for Federal Reserve policy, which moves the dollar and in turn US commodity export competitiveness. The reaction was modest and the price impact on feed is limited.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/global-forex-idUSL1N1DX0NU/?feedName=usDollarRpt&feedType=RSS

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.