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Japanese Yen bounces off multi-week low against USD; lacks bullish conviction amid dovish BoJ

Summary by FXStreet

The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday. Some repositioning trade ahead of the US Nonfarm Payrolls (NFP) report holds back the JPY bears from placing fresh bets.

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Japanese Yen bounces off multi-week low against USD; lacks bullish conviction amid dovish BoJ

The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday. Some repositioning trade ahead of the US Nonfarm Payrolls (NFP) report holds back the JPY bears from placing fresh bets.

16 days ago

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FXStreet broke the news in 16 days ago on Friday, May 2, 2025.

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