# Yen Slips as Strong US Jobs Lift Fed Bets

> The US added 165,000 jobs in October, well above expectations, while unemployment fell to 4.1% and wage growth was stronger than forecast. The data lifted US Treasury yields and the dollar, with USD/JPY trading near 158.30 as markets kept a December Fed rate hike in view.

- Date: 2026-11-06 · published 2026-11-06T21:12:15.495Z
- Category: macro · region US and Japan · magnitude low
- Page: https://feedsoft.ai/events/84905-yen-slips-as-strong-us-jobs-lift-fed-bets
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US employment and wage growth support expectations for higher US interest rates, widening the yield advantage over the yen. This supports the dollar against the yen and the broader dollar index.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-07 | [US dollar bounces as strong jobs report likely delays Fed easing this year](https://feedsoft.ai/events/8474-us-dollar-bounces-as-strong-jobs-report-likely-delays-fed-easing-this-year.md) | +1.4% | +0.8% |
| DXY | 2026-09-24 | [Japanese Yen struggles as Fed rate hike bets drive US yields higher](https://feedsoft.ai/events/17708-japanese-yen-struggles-as-fed-rate-hike-bets-drive-us-yields-higher.md) | +0.7% | +1.0% |
| DXY | 2020-05-11 | [Sterling dips as rising US yields lift dollar](https://feedsoft.ai/events/53388-sterling-dips-as-rising-us-yields-lift-dollar.md) | +0.9% | -3.2% |
| DXY | 2026-01-29 | [GBP/USD slides below 1.3780 as Fed hold lifts the Dollar](https://feedsoft.ai/events/21301-gbp-usd-slides-below-1-3780-as-fed-hold-lifts-the-dollar.md) | +0.6% | +0.3% |
| DXY | 2025-05-29 | [Ringgit slips against US Dollar as fed seen delaying rate cuts](https://feedsoft.ai/events/24947-ringgit-slips-against-us-dollar-as-fed-seen-delaying-rate-cuts.md) | -0.8% | -1.9% |

## Sources

- markets.capital: https://markets.capital/article/yen-slips-as-strong-us-jobs-lift-fed-bets

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