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USD/JPY accelerated to over 135.00 but a sharp U-turn from BoJ Governor Kuroda describing recent sharp declines as “undesirable” for the economy, could stem losses

USD/JPY postures up to retest the yearly high, supported by dovish comments by BoJ Governor Kuroda

OPEC is due to meet at 12:30 GMT today to discuss output targets for July and consider tapping into remaining capacity in light of the EU’s ban on Russian oil

Markets erased prior gains in the wake of the Wednesday’s Fed rate hike as sterling continues its dovish repricing and FTSE succumbs to global equity sell-off theme

The USD/JPY pair has advanced tremendously in the first two months of 2021 but the bull run looks to be showing signs of fatigue