Forex Today: Yen Weakens, $USDJPY Breaks ¥120
Enter your emailRisk sentiment has recovered in the markets, and the Japanese Yen continues to weaken on the BoJ’s standout dovish policies.The USD/JPY currency pair continued to rise over the past to trade at a new 6-year high above ¥120, a key psychological level, and is at the heart of the market right now. It looks likely to advance higher still over the coming days., following the Fed’s 0.
Energies and agricultural commodities have continued to rise, with WTI Crude Oil now trading above $113 per barrel.
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