The USD/JPY exchange rate drifted downwards after the strong ADP jobs report. It retreated to a low of 144, which was a few points below this week’s high of 145.06. The pair remains about 4% above the lowest level in June. US NFP data ahead: The biggest forex news on Thursday was the surprise US jobs report by ADP. In a report, the company said that the American economy created more than 459k jobs, the highest figure in months. The reading was better than what most analysts were expecting. It signaled that the American economy was still growing. Most importantly, the report came out a day before the US is set to ... (full story)