European Session – Dollar surges against yen, focus on US jobs report
Posted on March 8, 2013 at 12:09 pm GMTThe dollar-yen pair remains in the spotlight today as the greenback outperformed against the Japanese currency, continuing its advance during the European Session to hit a 3-1/2 year high on speculation of an improving US labour market ahead of the nonfarm payrolls report. The NFP is to be released at 1330GMT. The forecast is that the US economy added more jobs in February than the previous month, 162,000 expected, adding to signs the world’s biggest economy is gaining momentum. If [..]