Japan’s Motegi announces lowering infection risk advisory for China, Australia and others to level 2

Dhwani Mehta FXStreet

Japan lowered infection risk advisory for China and eight other countries to level 2 from level 3, the Foreign Minister Motegi announced on Friday.

The Minister urged its citizens to avoid non-urgent, non-essential trips, instead of instructing the public not to take any trips.

Motegi said that lowering the infection risk advisory level to 2 from 3 also for Australia, South Korea, Singapore, Thailand, Taiwan, New Zealand, Brunei and Vietnam.

Market reaction

The Japanese yen is drawing fresh bids on the above headlines, as USD/JPY hits fresh session lows of 104.42, down 0.19% on the day.

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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