Japan PM Abe expected to extend state of emergency until end-May - NHK

Dhwani Mehta FXStreet

According to the Japanese public broadcaster, NHK, Prime Minister (PM) Shinzo Abe is seen extending the country’s state of emergency on Monday until the end of May.

“Abe is expected to explain the reasoning behind the extension of the state of emergency, which is now due to expire on Wednesday, at a news conference in the evening,” NHK reported.

Meanwhile, USD/JPY holds the lower ground near 106.70 amid risk-aversion and broad US dollar strength.

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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