WS #11251
US June payrolls added only 57K vs 113K expected, with downward revisions to prior months, reinforcing dovish Fed expectations and pushing rate cut timeline forward. Yen jumps into 160 range for first time in two weeks on intervention fears, impacting USD/JPY and Japanese equities.
US Jobs Miss
US June payrolls added only 57K vs 113K expected, with downward revisions to prior months, reinforcing dovish Fed expectations and pushing rate cut timeline forward.
Yen jumps into 160 range for first time in two weeks on intervention fears, impacting USD/JPY and Japanese equities.