The state of emergency in Japan will be expanded nationwide until May 6th to limit the spread of the coronavirus, Japanese Prime Minister Shinzo Abe announced on Thursday, as reported by Reuters. “Japan needs to reduce traffic during Golden Week holidays,” Abe added. “The government is considering making cash payouts of 100,000 yen to everyone.” Market reaction The USD/JPY pair edged slightly higher after these remarks and was last seen trading at 107.70, where it was up 0.22% on a daily basis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/INR New York Price Forecast: Greenback trades in fresh record highs vs. Indian rupee FX Street 2 years The state of emergency in Japan will be expanded nationwide until May 6th to limit the spread of the coronavirus, Japanese Prime Minister Shinzo Abe announced on Thursday, as reported by Reuters. "Japan needs to reduce traffic during Golden Week holidays," Abe added. "The government is considering making cash payouts of 100,000 yen to everyone." Market reaction The USD/JPY pair edged slightly higher after these remarks and was last seen trading at 107.70, where it was up 0.22% on a daily basis. Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.