US jobs report portrays positive economic outlook

G10 Advancers and Decliners vs USD
GBP 0.42
JPY 0.23
EUR 0.16
CHF 0.14
The USDJPY traded at 94.41 after earlier touching 94.79 on Friday, the lowest level since Aug. 24 while the EURJPY traded at 127.71 as the JPY rose, ending four days of losses against the USD, on speculation Japanese exporters bought the JPY after it touched a seven-month low. Japan’s large manufacturers expect the currency to average 91.00 this fiscal year ending March 2011, according to the…

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