British Pound drops towards mid-214.00s as concerns over intervention strengthen Yen
GBP/JPY Cross Sees Further Selling Pressure The GBP/JPY exchange rate experienced selling activity for the second consecutive day on Thursday, nearing the lower end of its weekly range, although it hasn’t shown much follow-through. During early trading in Europe, spot prices hovered around the mid-$214.00s, reflecting a decline of nearly 0.15% for the day. Meanwhile, […]
Euro rises in value against the Japanese Yen before Eurozone inflation data is released
The EUR/JPY exchange rate saw a slight rise from the previous day, hovering around 186.00 in early trading on Tuesday. There’s a growing sentiment among traders that the European Central Bank (ECB) is leaning towards a more hawkish approach, resulting in the euro appreciating against the yen ahead of significant economic data releases. Investors are […]
Euro rises against Yen as German data and ECB rate hike expectations provide support
As of Monday, EUR/JPY was trading at about 185.80, showing a slight gain of 0.05% for the day. Anticipation of additional monetary tightening from the European Central Bank (ECB) is bolstering demand for the euro (EUR), with the pair also getting some support after the release of German retail sales data. According to Destatis, German […]
Euro falls back as the Japanese Yen strengthens after intervention alerts
The euro (EUR) saw its five-day winning streak against the Japanese yen (JPY) come to an end on Friday, driven by Japanese officials’ comments about concerns over currency speculation. As of now, the EUR/JPY pair is trading around 185.00, down from session highs near 185.65, yet it still marks a four-week upward trend. Kihara, Japan’s […]
British Pound stays close to monthly high against Japanese Yen amid Iran concerns
GBP/JPY Sees Bullish Momentum After Minor Pullback The GBP/JPY pair is experiencing some positive buying activity following a slight dip from the previous day’s high of 214.65-214.70, marking a new peak for the month. Currently, the spot price is hovering around 214.35-214.40, showing a modest increase of 0.10% on the day, indicating potential for further […]
Japanese Yen falls due to weak inflation data from Japan
USD/JPY Exchange Rate Movement The USD/JPY rose to about 159.10 at the start of the Asian trading session on Friday. This increase is largely due to weak inflation data in Japan, which is putting downward pressure on the yen against the US dollar. Later on Friday, the US is set to release its May Michigan […]
Japanese Yen declines as US Manufacturing PMI remains robust
The USD/JPY pair has gained strength, hovering around the 159.30 mark as it nears the significant 160.00 level, which typically triggers intervention from the Bank of Japan. Recent preliminary data from the S&P Global Purchasing Managers Index (PMI) indicates that the US composite PMI remained steady at 51.7 for May, matching the figure from April […]
Japanese Yen stays weak even with better-than-anticipated GDP figures.
USD/JPY Continues Upward Trend Amid Economic Data The USD/JPY pair has climbed for seven consecutive days, hovering around 159.00 during Asian trading on Tuesday. This increase comes despite the Japanese Yen remaining relatively weak, even as Japan’s preliminary economic growth figures surpassed expectations. Japan’s gross domestic product (GDP) growth for the first quarter of 2026 […]
Australian Dollar rises against Yen as China data falls short, JPY remains weak
Market Update: AUD/JPY and Japanese Yen Weakness The AUD/JPY was around 113.65 on Monday, showing a modest gain of 0.16% for the day. This rise comes amid continued weakness in the Japanese yen, which has supported the currency pair, despite some disappointing economic data from China that has somewhat limited the gains of the Australian […]
Japanese Yen weakens before US inflation data
USD/JPY Developments Amid Geopolitical Tensions In the early European trading on Tuesday, the USD/JPY currency pair saw an increase, reaching around 157.55. Renewed geopolitical tensions in the Middle East have led to a rise in the value of the US dollar against the Japanese yen. Market participants are keenly awaiting the release of the US […]