- The EUR/JPY weakens for the second day, falling below the recent maximums amid the slowdown in inflation in the euro zone.
- The general CPI of the euro zone was confirmed in 1.9% in May, falling below the object of the ECB for the first time since September 2024.
- May’s commercial data reveal a 1.7% drop in exports and a 7.7% drop in imports, highlighting external challenges.
The euro (EUR) extends its fall against the Japanese Yen (JPY) for the second consecutive day on Wednesday, going back even more after briefly touching a maximum of the year of 167.62 on Tuesday.
The EUR/JPY navigates in a volatile market, quoting around 166.43 in the American negotiation session, remaining below the minimum of the previous day. The low torque almost 0.20% in the day while operators weigh the soft inflation of the euro zone and the cautious signs of the Central Bank.
New data in the euro zone continue to highlight a downward inflation trend along with resilience spotlights in the labor market and the service activity. The general inflation fell below the objective of 2% of the European Central Bank (ECB) in May, giving margin policies to further reduce indebted costs after its recent rate cut of 25 basic points.
The Harmonized Index of Consumer Price of the euro zone was confirmed at 1.9% year -on -year in May 2025, falling below the 2% objective of the European Central Bank (ECB) for the first time since September 2024, indicating a relaxation of price pressures in the block. Meanwhile, the annual underlying inflation rate, which excludes volatile components such as energy, food, alcohol and tobacco, was moderated to 2.3% in May.
With inflation showing clear cooling signals, investors expect more and more than The European Central Bank (ECB) Keep the stable rates at your next July meeting. Several officials of the ECB have pointed out a preference for patience, urging a waiting approach and seeing while economic risks persist. The member of the Governing Council, Robert Holzmann, declared that the ECB should refrain from cutting the rates up to at least September, while the member of the Executive Council, Isabel Schnabel, warned that “new clashes” could materialize despite the tendency to disinflation, reinforcing the need for a careful political position and dependent on the data in the coming months.
As for Japan, the Bank of Japan maintained its key rate without changes in 0.5% this week, reiterating that any future movement will depend on how global risks and domestic inflation develop. The commercial figures published on Wednesday revealed a challenging background, with exports falling 1.7% year -on -year, driven by the weakening of car shipments to the cars to the USA. Meanwhile, imports fell 7.7% in the midst of moderate internal demand and the impact of the increase in US tariffs. The data underlines the cautious path of the BOJ as the control of inflation with the winds against external balances.
Euro price today
The lower table shows the percentage of euro change (EUR) compared to the main currencies today. Euro was the strongest currency in front of the Swiss Franco.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.25% | -0.27% | -0.43% | 0.07% | -0.53% | -0.39% | 0.08% | |
| EUR | 0.25% | -0.02% | -0.22% | 0.24% | -0.38% | -0.07% | 0.34% | |
| GBP | 0.27% | 0.02% | -0.21% | 0.25% | -0.37% | -0.18% | 0.37% | |
| JPY | 0.43% | 0.22% | 0.21% | 0.54% | -0.07% | 0.28% | 0.76% | |
| CAD | -0.07% | -0.24% | -0.25% | -0.54% | -0.60% | -0.44% | 0.11% | |
| Aud | 0.53% | 0.38% | 0.37% | 0.07% | 0.60% | 0.32% | 0.74% | |
| NZD | 0.39% | 0.07% | 0.18% | -0.28% | 0.44% | -0.32% | 0.42% | |
| CHF | -0.08% | -0.34% | -0.37% | -0.76% | -0.11% | -0.74% | -0.42% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
