USD/JPY tilted lower in Asian trade off June 2020 highs amid a lack of data from Japan and ahead of US data later today and speeches by several Fed officials. 

As of 06:58 GMT, USD/JPY fell 0.02% to 108.77, with an intraday low at 108.51, and a high at 108.96. 

From the US, Federal Reserve Chair Jerome Powell is due to participate in a virtual panel discussion about central bank innovation at an online event hosted by the Bank for International Settlements later today.

Federal Reserve Bank of Richmond President Thomas Barkin will speak at an online event hosted by the Maryland Bankers Association today as well.

US existing home sales are expected down 2.1% to 6.55 million units in February, compared to a 0.6% rise to 6.69 million in January. 

The Japanese yen held against the US dollar on Friday, following the Bank of Japan's decision.

The Bank of Japan kept its interest rate unchanged at -0.10% and also ditched its 6 trillion yen guide for annual purchases of exchange-traded funds every year.

Analysts believe that these measures reflect the extent of the Bank of Japan's loss of confidence in adopting the huge monetary stimulus packages it launched 8 years ago, and it wants to focus on the side effects on the banking sector instead of targeting a 2% inflation rate.

As of 19:25 GMT, USD/JPY held at 108.9, after hitting a high of 109.1 and a low of 108.6.

Silver prices fell on Friday, as the US dollar rose against most of its peers, but the precious metal managed to post weekly gains.

The Federal Reserve refused to extend the exemption that lowered bank capital requirements to exclude deposits or bonds after March 31.

The 10-year US bond yields rose to 1.73% today, which weighs down on stock markets.

The dollar index rose against a basket of major currencies by 0.1% to 91.9 points as of 19:37 GMT, after hitting a high of 92.1 points and a low of 91.6 points.

Silver May futures rose 0.1% or 3 cents, and closed at $26.32 an ounce, with weekly gains of 1.5%, after hitting today's high at $26.400 and the low at $25.925.

The US stock benchmarks closed mostly lower on Friday, led down by the banking sector, and posted weekly losses following the Federal Reserve’s decision.

The Federal Reserve refused to extend the exemption that lowered bank capital requirements to exclude deposits or bonds after March 31.

Federal Reserve Chairman Jerome Powell expressed his optimism about the economic outlook this year, but stressed that a full recovery in employment and inflation is still far away.

The 10-year US bond yields rose to 1.73% today, which weighs down on stock markets.

To the oil market, WTI crude April futures rose 2.4% or $1.42, and closed at $61.42 a barrel, and posted a weekly loss of 6.4%, after hitting a high of $61.3 and a low of $58.9.

Brent May futures rose 1.7% or $1.07, and closed at $64.53 a barrel, and posted a weekly loss of 6.8%, after hitting a high of $64.6 and a low of $62.07.

As for stocks, Dow Jones fell 0.7% or 234 points, and closed at 32,627, with a weekly loss of 0.5%, a day high of 32,858, and a low of 32,505.

Nasdaq rose 0.7% or 99 points to 13,215, and registered a 0.8% weekly loss, with a high of 13,252 and a low of 13,039.

S&P 500 fell 0.1% or 2 points to 3,913, and posted a weekly loss of 0.8%, after hitting a high of 3,930 and a low of 3,886.