USD/JPY pair advances towards 125 level

Note: This section contains information in English only.
Source: WBP Online
The Dollar rose against the Japanese counterpart on Monday, after traders saw an opportunity from a dip on Friday. The Greenback jumped 0.45% to 124.73 against the Yen by 10:30 AM GMT. Investors bought into the dip after US payrolls reported that 215,000 jobs were added in July, compared to 225,000 expected by market participants. Moreover, Japan's current account shrank in June. 

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