FXstreet.com (Córdoba) - A much better-than-expected employment report boosted the Dollar against the Yen. USD/JPY jumped to reach levels above 89.00 and rose to 89.36, to trade at the highest level in two weeks. If the pair rises further it could face resistance at 89.50 (Nov 17 high) and above at 90.00.
The pair is rising four the fourth consecutive day and is heading toward the biggest weekly gain since August.
U.S. non-farm payrolls have declined by 11,000 in November, instead of the 110.000 decline expected by the analysts. The Unemployment rate has declined to 10.0% from 10.2% in October.