Japan is considering extending its coronavirus relief employment subsidy – Reuters

Dhwani Mehta FXStreet

Citing a Japanese labor ministry official, Reuters reports that the government is considering extending its coronavirus relief employment subsidy to help firms hit by the coronavirus keep furloughed workers on the payroll.

The official said that no decision on the extension has yet been made.

USD/JPY consolidates the downside amid a broadly weaker US dollar and a mild recovery in the risk sentiment.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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