# Foreign exchange at 8:30: Yen falls to the mid-158s against the dollar after US jobs report

> The yen weakened to ¥158.47–48 per dollar in early Tokyo trading after US October payroll growth exceeded expectations and prior months were revised higher. The unemployment rate also improved, prompting markets to strengthen expectations for another Federal Reserve rate increase in December; the yen also fell against the euro, while the euro weakened against the dollar.

- Date: 2026-11-08 · published 2026-11-09T06:10:49.293Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/88808-foreign-exchange-at-8-30-yen-falls-to-the-mid-158s-against-the-dollar-after-us
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger US data and higher expected US interest rates support the dollar relative to the yen and euro. Continued dollar strength could raise the local-currency cost of dollar-priced feed imports for buyers in Japan and other importing markets.

## Read by commodity

- EURUSD: bearish ▼
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-12-06 | [Dollar gains after stronger-than-expected U.S. jobs report \| Reuters](https://feedsoft.ai/events/55796-dollar-gains-after-stronger-than-expected-u-s-jobs-report-reuters.md) | +0.1% | +0.7% |
| EURUSD | 2026-06-25 | [Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data](https://feedsoft.ai/events/19034-euro-stabilizes-near-13-month-lows-against-the-us-dollar-after-in-line-us.md) | +0.3% | +0.2% |
| EURUSD | 2026-08-26 | [Euro comes under pressure against US Dollar after mixed US PCE data](https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data.md) | -0.7% | -2.4% |
| EURUSD | 2024-04-10 | [Dollar Surges as a Hot US CPI Report Dampens Fed Rate Cut Expectations](https://feedsoft.ai/events/12560-dollar-surges-as-a-hot-us-cpi-report-dampens-fed-rate-cut-expectations.md) | -2.1% | -0.8% |
| EURUSD | 2018-08-10 | [Euro plunges to 13-month nadir versus dollar](https://feedsoft.ai/events/11065-euro-plunges-to-13-month-nadir-versus-dollar.md) | -1.5% | +0.1% |

## Sources

- nikkei.com: https://www.nikkei.com/article/DGXZQOFL090D50Z01C26A1000000/

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