After the release of non-farm data, non-US currencies generally rose.
2026-08-07 20:35:37
According to CoinMeta, after the release of the non-farm payroll data, non-U.S. currencies generally rose in value. The U.S. dollar weakened by 80 points against the Japanese yen, trading at 157.72. The euro also rose by 20 points against the U.S. dollar, reaching 1.1544, and the British pound gained about 20 points against the U.S. dollar, reaching 1.3463. The performance of the non-farm employment data directly triggered a re-pricing of U.S. dollar assets. The volatility in the job market diminished the short-term safe-haven appeal of the dollar, prompting funds to quickly flow towards non-U.S. currencies. This market movement reflects that expectations for a shift in the Federal Reserve's monetary policy are heating up.
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Source:Internet
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