USD/JPY extends to just shy of 111

Further yen weakness, USD/JPY and yen crosses have accelerated higher on the session here.

  • high is circa 110.97
  • a one year high 

There has been little in the way of specific news on the yen – although Japanese TV is reporting that coronavirus restrictions are being prepared for Japan’s second city of Osaka. 

The USD is showing wider strength pretty much across the board. 

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