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Citing the Japanese government sources, Kyodo News Agency reports that the government is considering relaxing travel restrictions between Japan and Singapore from September.

The relaxation of the restrictions will apply to business travelers and expatriates, Kyodo reported.

Japan continues to report under 1,000 daily new cases over the past three days, as the new cases tally drop in Tokyo and other prefectures. However, the Tokyo coronavirus panel maintained the highest alert for infection spread.

Market reaction

The yen is little moved by the above the headlines, with USD/JPY keeping its range trade intact around 106.70, shedding 0.17% so far.