News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Bitcoin Breakdown: Has Everyone Went to Gamestop? #Bitcoin
  • 🇰🇷 Consumer Confidence (JAN) Actual: 95.4 Expected: 93.6 Previous: 89.8
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: France 40: 0.07% Germany 30: 0.02% Wall Street: -0.00% US 500: -0.01% FTSE 100: -0.10% View the performance of all markets via
  • Sterling stronger, approaching a new post-Brexit high against the Dollar $GBP $USD
  • Heads Up:🇰🇷 Consumer Confidence (JAN) due at 21:00 GMT (15min) Expected: 93.6 Previous: 89.8
  • US Dollar weaker as investors embrace risk-on sentiment ahead of mega-cap tech earnings $USD $DXY $NDX
  • US Dollar weaker as investors embrace risk-off sentiment ahead of big tech earnings $USD $DXY
  • Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided in 1Q’21, depending upon the timing of US fiscal stimulus. Get your market update from @CVecchioFX here:
  • Gold slightly lower as equities, dollar put in mixed sessions $XAU $USD $DXY
  • The $VIX can't continue to trace out this coasting pattern for long. Again, I don't usually throw technical analysis on indicators derived from underlying activity, but VIX has become a trading vehicle in its own right
USD/JPY Quiet After Strong Employment Data

USD/JPY Quiet After Strong Employment Data

Varun Jaitly,

Talking Points:

  • Unemployment rate drops to 3.2% in January versus 3.3% expected
  • USD/JPY little changed after strong unemployment and job data
  • Deflation remains paramount to the Bank of Japan despite strong economic data

USD/JPY today saw a muted reaction after strong labor market data, with the unemployment rate coming in at 3.2 percent. The job-to-applicant ratio increased to 1.28 from 1.27 prior. Despite the positive figures, USD/JPY was little changed following a 0.48% drop after the daily open for February 30th. Prices altogether fell 1.54% from Monday’s open to Tuesday’s current low. This drop came on the heels of an Asian equities sell off after Saturday’s G20 meeting, where global financial leaders failed to deliver on markets hopes for further easing.

The data released today gave little bearing on forward guidance of monetary policy for the Bank of Japan, as employment is not an immediate concern for the central bank. The major issue for Japan remains battling deflation and achieving their 2 percent inflation target. Thus, today’s unemployment figures, although indications of a strong Japanese labor market, had little relevance to the Bank of Japan and their inflation based mandate.

Find key turning points for the USD/JPY with DailyFX SSI

USD/JPY Quiet After Strong Employment Data

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.