Employment statistics and sense of direction of the dollar and yen
Employment statistics for May have been released.
Number of people employed in the non-farm sector is 339,000 (forecast 19.0)
Unemployment rate 3.7% (forecast 3.5)
Average wage 4.3% (forecast 4.4)
Immediately after the announcement, the dollar and yen quickly broke through 139 yen, but they quickly returned to 138 yen with a long beard.
The number of employed people has risen significantly, but as the unemployment rate worsens and wage increases have settled down, the direction of the dollar and yen is not clear.
It won't go up even if I want to raise it. I got that impression. I'm paying attention to the US exchange rate on Friday after this.
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