Euro Declines as Cooling Eurozone Inflation, Japan Pension Reforms Boost Yen

The euro weakened against the Japanese yen on Friday, with EUR/JPY slipping to approximately 184.95, a 0.35% decline on the day.

The yen gained support after the Japanese government signaled a potential shift toward greater domestic investment through pension reforms, boosting demand for the currency. Meanwhile, cooling inflation in the Eurozone added to pressure on the euro, as markets priced in a more dovish stance from the European Central Bank.

No further details were provided on the specific inflation figures or reform measures, but the combination of factors drove the pair lower in Friday's session.