USD/JPY Holds Near 155.85 as Yen Steadies Despite Strong NFP

USD/JPY trades around 155.85 on Friday at the time of writing, virtually unchanged on the day. The pair remains stable despite the US Dollar’s positive reaction to a much stronger-than-expected US employment report, as the Japanese Yen retains support from expectations of monetary tightening in Japan. That is the Friday 4 September 2026 stamp. The morning USD/JPY near 155.75 stays the pre-print sibling.

Hot NFP. Yen still offsets the dollar bid.

US Nonfarm Payrolls increased by 162K in August, compared with market expectations for an increase of just 56K on that page — the same print on our live NFP PRINT. Primary consensus consensus for the same Non-Farm slot was +55K; both consensus stamps are quoted separately and are not averaged. July’s figure was revised to 21K, while June’s reading was raised to 31K. The Unemployment Rate remained unchanged at 4.1%, in line with expectations. The Labor Force Participation Rate rose to 61.6% from 61.4%. Annual Average Hourly Earnings growth eased slightly to 3.1% from 3.2% in July.

The upside surprise in job creation supports the US Dollar by easing concerns over a sharp labour-market deterioration. That boost is not enough to push USD/JPY significantly higher on this tape, as BoJ tightening expectations keep the yen firm and offset the Greenback’s positive reaction.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.