The government will allow foreigners with resident status to enter Japan from the start of next month, Prime Minister Shinzo Abe said ahead of his press conference scheduled for Friday.
“Aims to increase coronavirus testing capacity to 200,000 tests per day.”
“Aims to get enough coronavirus vaccines for every citizen by mid-2021.”
“Will prepare to compensate if any problems with the vaccine regardless of whether the foreign or domestic business.”
USD / JPY capped below 107.00
USD / JPY is off highs but remains well bid around 106.80, at press time, supported by surging US Treasury yields.
The general weakness of the dollar amid the bullish market mood seems to cap the rise on the spot. The comments above appear to support the yen.