💨 Abstract

The Japanese yen reached a nine-week high against the U.S. dollar due to increased bets for interest rate hikes in Japan this year, while the U.S. dollar and other major currencies remained steady ahead of U.S. jobs data. The U.S. labor market is expected to add 170,000 jobs in January with the unemployment rate steady at 4.1%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖