The explosive non-farm payroll situation is about to begin! Beware of the yen soaring again

Forex strategist predicts that if the US non-farm payroll data is positive tonight, the Japanese yen against the US dollar may test the high in August. Strategist Gareth Berry said that if the non-farm unemployment rate rises to 4.4%, the US dollar against the Japanese yen will be "in trouble". Data shows that the yen has risen for four days, and if it rises another 1%, it will break through the 141.70 level. Morgan Stanley strategists predict that the yen will continue to rise, and options traders believe there is a 66% chance of breaking the high on August 5 in the near term. If the data falls short of expectations, the US dollar may fall back to the low point in early August