Yen finds support, dollar rebounds on upbeat NFP jobs report

The dollar-yen currency pair traded around 160.00 on Friday, virtually unchanged on the day with USDJPY rebounding from its intraday lows following the release of the US employment report.

The Bureau of Labor Statistics (BLS) reported that US nonfarm payrolls (NFP) increased by 172,000 in May, following an upwardly revised gain of 179,000 in April. The figure significantly exceeded market expectations of 85,000....