Epic Research Singapore : Forex Market Update

Asian stocks moved higher on Friday, as a strong reading on the U.S. labor market helped shares recover from heavy selling earlier in the week.

Japan’s Nikkei gained 1.7%, after the yen weakened against the U.S. dollar overnight. The greenback had climbed to trade at ¥102.11 late Thursday in New York, after gaining a total of 0.7% in the previous session. It was last trading at ¥101.94 in Asia.

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