RBFX Support Posted Friday at 08:58 AM Author Share Posted Friday at 08:58 AM (edited) USDJPY climbs: what should traders expect from the US jobs report? The USDJPY pair continues to strengthen ahead of the key US jobs report release, currently trading at 143.93. Discover more in our analysis for 6 June 2025. USDJPY forecast: key trading points Investors adopt a wait-and-see approach ahead of the US Nonfarm Payrolls release Speculation of BoJ policy tightening grows but remains insufficient to lift the yen USDJPY forecast for 6 June 2025: 145.35 Fundamental analysis The USDJPY rate is rising for the second consecutive session, staying within a sideways range between 142.50 and 144.20. The chart continues to indicate the potential formation of a Double Bottom reversal pattern, which could signal further strengthening of the US dollar. The Japanese yen remains under pressure as investors wait for the crucial US employment report. Additional support for the US dollar came from news of a phone call between Donald Trump and Xi Jinping, in which both leaders agreed to continue trade negotiations. Meanwhile, BoJ Governor Kazuo Ueda reiterated the central bank’s readiness to raise interest rates if economic and inflation targets are met. Although this has raised expectations of a cautious but steady policy tightening, it remains insufficient to boost the yen, according to today’s USDJPY forecast. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Edited Friday at 08:59 AM by RBFX Support Link to comment Share on other sites More sharing options...
RBFX Support Posted 3 hours ago Author Share Posted 3 hours ago (edited) The dollar falls – EURUSD rises: what’s next? The drop in Nonfarm Payrolls has hit the US dollar, with EURUSD continuing its upward move towards 1.1460. Discover more in our analysis for 9 June 2025. EURUSD forecast: key trading points Nonfarm Payrolls data weakened the US dollar The ECB may pause its rate adjustments EURUSD forecast for 9 June 2025: 1.1460 Fundamental analysis Today’s EURUSD forecast favours the European currency. After the release of the Nonfarm Payrolls report, the dollar keeps losing ground against the euro. The actual figure came in at 149K, down from 142K in the previous period. While the drop might seem marginal at first glance, combined with other weak US macro data, it exerted pressure on the dollar and triggered an upward move in EURUSD. Investors are growing cautious about the weakening US dollar and seeking safe havens for their assets. Meanwhile, after initiating a rate cut cycle, the ECB has signalled a possible pause in further rate moves, which has strengthened the euro and supported the current rally in EURUSD. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Edited 3 hours ago by RBFX Support Link to comment Share on other sites More sharing options...
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