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USD/JPY made a modest recovery from its weekly low but remained below 158.00 as traders awaited the US nonfarm payrolls report. Fed rate-hike expectations supported the dollar, while the Bank of Japan’s hawkish stance and intervention risks limited the pair’s gains.
The report could shift expectations for US interest rates and move the dollar, affecting the exchange-rate cost of imported feed commodities. The pair’s direction remained uncertain ahead of the data.
fxstreet.comHaresh MenghaniNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
