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USD/JPY crumbles below support at 148.51 as US yields slide after jobs data
The reaction in the USD/JPY to the weaker than forecast US jobs report has seen the dollar crumble below an important and noted price point, at 148.51. That was the previous low set yesterday and it has been taken out now and with some vengeance too. The dollar has fallen back close to the 147 handle a moment ago and this has come as US yields slide and Gold rises above $2,475. The USD/JPY is currently trading a little higher, after reaching a low at 147.12. It is currently trading at 147.45
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