Yen poised for best week in over a year; dollar waits on US jobs data
==========

The yen is on track for its best week in over a year, with a weekly gain of over 3%, its largest since December 2022. Tokyo is suspected to have intervened to support the yen this week with around 9.16 trillion yen ($59.79 billion). The dollar has lost ground against most of its peers and is headed for its worst week in nearly two months. Traders are awaiting US nonfarm payrolls data to guide the dollar's next moves. The euro and sterling are also set to gain for the week.

#Yen #Dollar #UsJobsData #Tokyo

https://www.investing.com/news/economy/yen-poised-for-best-week-in-over-a-year-dollar-waits-on-us-jobs-data-3416628