Today's Forex news: Japanese Yen Falls on Dovish BoJ to Multi-Year Lows; Stock Markets Close Broadly Higher; Commodities Stronger. Read more:
The Forex market is dominated by a weak Japanese Yen, influenced by the Bank of Japan’s pledge to continue monetary easing until its inflation target of 2% is reachedThe USD/JPY currency pair continued to rise Friday to trade at a new 6-year high above ¥119.25 and looks likely to rise higher still,. The commodity currencies are showing long-term strength, but the short-term outlook today shows the US Dollar looking strong.
Daily new coronavirus cases globally rose last week for the second consecutive week for the first time since January It is estimated that 64% of the world’s population has received at least one dose of a coronavirus vaccination.
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