Dollar rises against yen after U.S. jobs report

The dollar rose against the yen in Asia on Monday after a solid U.S. jobs report boosted expectations the Federal Reserve will soon lift interest rates.

Solid U.S. jobs report? More a manipulated U.S. jobs report. And this happens everywhere, not only in the U.S.

And if the financial markets go bust, what happens with the yen then? Up to now, every time there's been a world stock sell-off, the yen has gotten stronger. Why would next time be different? I know the talk of the yen collapsing to 150 and beyond someday. But when is someday?

@alex80...they use the same metrics and data as they always have in generating the jobs report. The economy in the US, at least, are not that bad right now. The economy is actually going in the right direction.

every time there's been a world stock sell-off, the yen has gotten stronger. that has been because people dumped there monies in the Yen as a safe haven, now that the BOJ QE has basically killed off that label, people are putting there money someplace else, rightly so.

@notasap: news are manipulated to seem good. How many of these jobs are full time job? In the US for ordinary people things are very bad. Students have huge debts and they have not a job to pay them. Their future is already messed up and they are still only students.

wtfjapan

Well, we may see if you're right. But I'm thinking the next time markets crash ( though Obama will probably prop that bubble till he's out), we'll see a turn toward stronger yen again.

Expect the US Federal Reserve to raise the interest rates soon.

They wouldn't do this unless their economy isn't improving.