USD/JPY in Positive Territory: Yen Moves Away from Weekly High

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USD/JPY rose to 157.85 on Friday, with the Japanese yen retreating from a one-week high and snapping a two-day decline. However, further upside appears limited: ahead of the key US employment report, market participants are reluctant to increase directional positions. The main event of the day will be the Nonfarm Payrolls (NFP) report, which could […]The post USD/JPY in Positive Territory: Yen Moves Away from Weekly High appeared first on ActionForex.