Japan’s govt considering easing coronavirus restrictions further – Reuters

Dhwani Mehta FXStreet

Citing some unnamed sources, Reuters reports that the Japanese government is considering further social distancing restrictions imposed to contain the spread of the coronavirus pandemic.

The government is looking at easing capacity rules at events, Reuters reported.

Market reaction

USD/JPY is consolidating its recovery from seven-week lows of 106.08, as the US dollar bears take a breather in early Asia. At the press time, the major trades modestly flat at 106.50.

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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