Japan’s October Employment Report
Written November 26, 2009 at 6:46 PM EST by Alex Chernomordin
The Japanese October employment report came in much better than expected at the Yen continued to move higher across the board on a thin holiday week in the US. The Jobless Rate expected at 5.4% came in at 5.1%. Also, released was the National CPI reading year over year that was expected at -2.4% came in softer at -2.5%. In a thin market here we see the risk pairs getting hammered by the JPY and the USD.
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