USD/JPY registers a fresh monthly high (145.98) following the stronger-than-expected US Non-Farm Payrolls (NFP) report, and the exchange rate may attempt to test the December high (148.35) as it extends the series of higher highs and lows from earlier this week. US Dollar Forecast: USD/JPY Post-NFP Advance Opens Up December High USD/JPY retraces the decline following the Federal Reserve interest rate decision as the 216K rise in US NFP limits the central bank’s scope to unwind the restrictive policy, with the recent rebound in the exchange rate keeping the Relative Strength Index (RSI) out of oversold territory. The ... (full story)