USD/JPY screams toward barriers at 83.00

Author: Adam Button | Category: News

Author: Adam Button

USD/JPY is one of the big winners so far, surging to 82.82 but unable to take out the Nov 21 high of 82.84 (for now at least).

Beyond that is a barrier at 83.00.

There is some chatter about weakness in the household numbers and a delayed impact from Sandy that will be captured in the revisions.

But there are always people trying to poke holes in NFP. Eventually, the market takes it at face value and that will be good for risk assets.

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