Japanese Prime Minister Yoshihide Suga said on Wednesday that they will announce on Friday whether or not they decide to end the state of emergency due to the coronavirus outbreak, as reported by Reuters.
Suga further noted that they will start vaccinations for the elderly from April 12.
Market reaction
These comments don’t seem to be having a noticeable impact on the JPY’s performance against its major rivals. As of writing, the USD/JPY pair was trading at 105.77, rising 0.5% on a daily basis.