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.