Japan’s Nishimura: Will lift State of Emergency in Osaka, Kyoto and Hyogo
|Japanese Economy Minister Yasutoshi Nishimura is back on the wires on Thursday, announcing that the government will lift its State of Emergency in Osaka, Kyoto and Hyogo.
Tokyo and four other prefectures, including the northern island of Hokkaido, would remain under the state of emergency, Nishimura added.
He said earlier today that he does not suggest lifting Tokyo emergency while adding that the country is on the path towards coronavirus containment.
Market reaction
The above comments had little to no impact on the yen. The USD/JPY pair consolidates the uptick to 107.75 while trading near 107.65 amid broad-based US dollar rebound and the downbeat market mood.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.