Non-Farm Payroll Data Released, Non-U.S. Currencies Generally Rise
After the release of the non-farm payroll data, non-U.S. currencies generally rose. USD/JPY fell sharply by 80 points in the short term, quoted at 157.72; EUR/USD rose by 20 points in the short term, quoted at 1.1544; GBP/USD rose approximately 20 points in the short term, quoted at 1.3463. (Jin10) AI Interpretation: The performance of the non-farm payroll data directly triggered a market repricing of U.S. dollar assets. Fluctuations in the labor market weakened the short-term safe-haven appeal of the dollar, prompting funds to flow rapidly into non-U.S. currencies. This trend reflects the market's growing expectations for a shift in Federal Reserve monetary policy. The rapid decline in the dollar exchange rate underscores the current market logic tied to the cooling of the labor market. Such dramatic exchange rate fluctuations indicate that investors are accelerating adjustments to their bets on the future interest rate trajectory.