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USD/JPY lifts to session highs driven by CAD/JPY gains

Following the better than forecast Canadian monthly jobs data, covered in the previous update, the CAD has gained across the board. Perhaps the most notable immediate mover amongst the CAD crosses has been the CAD/JPY. That has risen as the USD/CAD has fallen back and it has seemingly helped to push the USD/JPY to session highs just now (155.83), as the Yen gets sole versus the Canadian dollar. The CAD/JPY has jumped above 114, from a low much earlier today south of 113.75. The high seen so far has been set at 114.23. It is just now trading at 114.12 
 

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