The USD/JPY outlook remains bearish as the pair falls further following weaker than expected Non-Farm Payrolls (NFP) numbers. The NFP report, released recently, showed a lower than anticipated growth in jobs, leading to a decline in the value of the US dollar against the Japanese yen.
Investors are closely monitoring economic data to gauge the health of the US economy and its impact on the currency markets. The disappointing NFP numbers have raised concerns about the pace of recovery in the labor market, adding to the downward pressure on the USD/JPY pair.
The outlook for the USD/JPY remains negative as the pair continues to face selling pressure. Traders are likely to keep a close eye on upcoming economic releases and monetary policy decisions for further guidance on the direction of the currency pair.
Overall, the USD/JPY is expected to remain under pressure in the near term, with further downside potential if economic data continues to disappoint. Investors should stay informed and exercise caution when trading the pair in the current market environment.