Core Viewpoint - The Euro to Japanese Yen exchange rate continues to decline, trading around 177.20, influenced by the Bank of Japan's potential interest rate hike and the new Japanese Prime Minister's fiscal expansion plans [1] Group 1: Economic Indicators - Bank of Japan Governor Ueda Kazuo hinted at a possible interest rate hike in December or early 2026 if economic and price trends align with expectations, which has led the market to reassess the outlook for the Yen [1] - The new Prime Minister, Suga Yoshihide, plans to implement more aggressive fiscal spending, which may conflict with monetary tightening goals, potentially delaying the Bank of Japan's rate hike [1] Group 2: Market Reactions - The market expects the European Central Bank to maintain interest rates unchanged for the remainder of the year, partially supporting the Euro's decline [1] - The new Finance Minister, Katayama Satsuki, clarified that she no longer adheres to the previously stated view of the Yen's fair value being in the 120-130 range, indicating a possible government intervention in the currency market to stabilize exchange rate fluctuations [1] Group 3: Technical Analysis - The Euro to Japanese Yen has fallen from a recent high of 179.00, breaking below the short-term support level of 177.50, with a 14-day Relative Strength Index (RSI) dropping to 45, indicating a continued weak short-term trend [2] - If the exchange rate breaks below the 177.00 level, it may accelerate downward towards the 176.30 and 175.80 regions; conversely, a return above 178.00 could signal a potential rebound targeting 178.70 and 179.20 [2]

Group 1 - The US dollar against the Japanese yen increased by 0.59%, reaching 148.55 yen, with a trading range of 147.52 to 148.58 yen throughout the day [1] - The euro against the Japanese yen decreased by 0.70% [1] - The British pound against the Japanese yen fell by 0.03% [1]

Core Viewpoint - The article discusses the fluctuations in currency exchange rates, particularly focusing on the USD/JPY, EUR/JPY, and GBP/JPY pairs, highlighting significant movements influenced by economic reports and political situations [1]. Currency Exchange Rate Summary - The USD/JPY pair experienced a cumulative decline of 0.12%, closing at 144.47 JPY on July 4, with a notable drop to 142.68 JPY before rebounding to 145.23 JPY following the U.S. non-farm payroll report [1]. - The EUR/JPY pair saw an increase of 0.44%, reaching 170.22 JPY, indicating a strengthening of the Euro against the Yen [1]. - The GBP/JPY pair fell by 0.64%, closing at 197.194 JPY, with a significant drop on July 2 due to political tensions in the UK, followed by a recovery after the non-farm payroll report [1].

Group 1 - The euro to Japanese yen exchange rate is rising, nearing a one-year high, driven by the continued weakness of the yen [1] - The US dollar index has significantly declined, marking the largest drop for the same period since 1973, with non-US currencies strengthening, particularly the euro, which has seen a cumulative increase of 13.86% against the dollar in the first half of 2025 [1] - The Bank of Japan maintains a loose monetary policy with a benchmark interest rate between 0 and 0.1%, indicating that the current financial environment will continue unless there is a significant price trend change [1] Group 2 - The Japanese authorities' intervention expectations regarding exchange rate fluctuations add uncertainty to the market, with the Bank of Japan conducting checks on the euro to yen exchange rate [2] - The euro to yen exchange rate reached 175.43, a new high since the euro's introduction in 1999, and if it approaches 180, intervention by Japanese authorities is likely [2] - Investors are closely monitoring the Bank of Japan's policy meetings for potential changes in bond purchase scales and interest rate decisions, which could impact the currency market [2]

Group 1 - The euro against the Japanese yen has just surpassed the 163.00 level, currently reported at 163.01, reflecting a daily increase of 0.71% [1]

Core Viewpoint - The US dollar appreciated against the Japanese yen, while the euro and British pound experienced slight declines against the yen [1] Currency Movements - The US dollar rose by 0.19% against the Japanese yen, trading at 142.28 yen, with an intraday range of 141.97 to 142.76 yen [1] - The euro declined by 0.17% against the Japanese yen, trading at 161.95 yen [1] - The British pound fell by 0.06% against the Japanese yen, trading at 190.750 yen [1]