USD/JPY Surges Above 139.50 Following US NFP Figures
June 02, 2023 at 16:00 PM EDT
The USD/JPY currency pair gained more than 60 pips on Friday, spiking to the 139.70 zone following the labor market data from the US which suggested that the Federal Reserve may reconsider a further hike. As a result, the US dollar gained traction.