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fxJul 1, 2026, 9:29 AM

Euro Weakens Against Yen on Slower Inflation, Intervention Concerns

EUR/JPY fell to 185.40, down 0.15%, as the euro weakened on softer Eurozone inflation data and the yen gained amid lingering intervention fears from Tokyo.

EURJPY

EUR/JPY traded around 185.40 on Wednesday, declining 0.15% as the euro lost ground against the Japanese yen.

The euro weakened after signs of slower inflation in the Eurozone, while the yen found support from ongoing speculation that Japanese authorities may step in to support the currency through intervention.

Traders are closely watching for any verbal or actual intervention from Japan's Ministry of Finance, which has kept the yen bid despite broader dollar strength.

Source: FXStreet Forex News