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    USD/JPY: review and forecast on 08.05.2015

    This trading week the Yen has grown steadily against the USD. However, yesterday’s positive US statistics helped the USD win back lost positions almost in full measure.

    Today, investors are waiting monthly release of Non-Farm Payrolls. The number of new jobs outside US agricultural sector is expected to double and reach 228 thousand. In addition, it is predicted that unemployment rate will reduce by 0.1%, which will obviously have a positive impact on the USD.

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