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Good Friday in the U.S. Market: Non-Farm Payrolls Could Be the Last Straw to Crush the Yen
Sony Financial Group analyst Juntaro Morimoto stated that, due to the holiday for Good Friday when multiple markets are closed, trading is light, and the USD/JPY exchange rate could reach the 160 level. Morimoto warned, “If U.S. non-farm employment data deviates from market consensus expectations, participants should be alert to potential sharp price swings in a liquidity-scarce environment.” On Friday morning, Japanese Finance Minister Shōzō Katayama reiterated her stance on intervening in the currency market to support the yen. She pointed out that foreign exchange fluctuations could impact daily life and the economy, and said, “We have repeatedly stated that we are prepared to take decisive measures and are committed to protecting what must be protected.” #美股 #耶稣 #美股休市