FXstreet.com (Barcelona) - The Yen has soared across the board on the back of a sudden risk aversion wave after a weaker than expected U.S. Non-Farm Payrolls report showing that unemployment rate rose to its highest level in the last 26 years in the U.S.
GBP/JPY has plunged from levels right below 150.50 to 148.75 low immediately after U.S. NFP data was released. At the moment, the pair trades right at 149.00 with 148.55 support (Nov 5 low) on sight.
EUR/JPY has dropped from 135.90 level right before the release of NFP data to 133.45 low, right above Nov 5 low at 133.35. In case of further decline, next support levels lie at 132.50.
U.S. non farm-payrolls have declined by 190,000 in October, somewhat above the 175,000 decline forecasted by the analysts, while the unemployment rate has risen 0.4% to 10.2%