USD/JPY Drops Below 90, Hits Intraday Low

USD/JPY dipped below 90.00 to an intraday low at 89.98, before recovering slightly, as investors pare risk after disappointing US jobs report. On worse-than-expected news, currency investors typically buy JPY, considered a safe haven in times of economic uncertainty. USD/JPY at 90.14, from 90.75 late Thu, according to EBS via CQG. (BMD)

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