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EUR/JPY rises to 177.30 amid cautious BoJ rate outlook and ECB President's speech.
In the early European session on October 14, 2026, EUR/JPY strengthened to approximately 177.30. This movement was influenced by a cautious outlook from the Bank of Japan (BoJ) regarding interest rate hikes and anticipation of European Central Bank (ECB) President Christine Lagarde's upcoming speech.
Previous briefings
EUR/JPY remains below 178.00 amid persistent bearish momentum.
Over the past week, EUR/JPY has consistently traded below the 178.00 mark, indicating sustained bearish pressure. Technical analyses highlight the pair's confinement within a descending channel, suggesting potential further declines.
EUR/JPY tests 177.50 barrier near nine-day EMA amid bearish trend.
Over the past 24 hours, EUR/JPY has been trading around 177.40, testing the 177.50 barrier near the nine-day Exponential Moving Average (EMA). The pair remains within a descending channel pattern, indicating a persistent bearish bias. Technical indicators, including the 14-day Relative Strength Index (RSI) at 36.36, suggest sustained selling pressure.
EUR/JPY rises to 177.40, testing nine-day EMA resistance.
Over the past 24 hours, EUR/JPY has gained momentum, reaching 177.40 and approaching the nine-day Exponential Moving Average (EMA) at 177.66. This movement suggests a potential shift in the pair's near-term outlook.
EUR/JPY remains below 178.00, maintaining bearish momentum amid technical patterns.
Over the past 24 hours, EUR/JPY has continued its downward trend, trading below the 178.00 mark. Technical analyses indicate the pair is confined within a descending channel, suggesting persistent bearish momentum. The 14-day Relative Strength Index (RSI) is at 35.8, signaling ongoing downside pressure.
Citi forecasts limited upside for EUR/JPY amid anticipated Japanese intervention
Citi analysts predict that Japanese authorities will intervene in the foreign exchange market to strengthen the yen, potentially capping EUR/JPY's upside. They project the pair could decline to around ¥170 per euro next year, especially if European market turmoil intensifies.
MUFG initiates short position on EUR/JPY at 177.50, targeting 172 amid French bond stress
In the past 24 hours, MUFG has recommended shorting EUR/JPY at 177.50, with a target of 172.00 and a stop-loss at 181.50. This strategy is based on the widening spread between French and German bond yields, which is tightening euro-area financial conditions and reducing the urgency for the European Central Bank (ECB) to raise rates aggressively. Additionally, expectations of further tightening by the Bank of Japan (BoJ) are narrowing yield differentials, further supporting the yen.
EUR/JPY falls below 178.00 amid bearish channel pattern.
EUR/JPY has declined below the 178.00 mark, continuing its downward trend within a defined descending channel. Technical indicators suggest persistent bearish momentum, with the Relative Strength Index (RSI) at 36.36, indicating ongoing selling pressure.
EUR/JPY tests 177.50 after rebounding from descending channel bottom.
Over the past 24 hours, EUR/JPY has halted its seven-day losing streak, trading around 177.40 during Asian hours on October 6, 2026. Technical analysis indicates that the currency pair is near the lower boundary of a descending channel, suggesting potential support and a temporary bounce. However, a break below this channel could signal accelerating downward momentum.
EUR/JPY tests lower boundary of descending channel near 176.50 amid bearish momentum.
Over the past 24 hours, EUR/JPY has continued its downward trend, testing the lower boundary of a descending channel near 176.50. The 14-day Relative Strength Index (RSI) at 27.00 indicates oversold conditions, suggesting potential for a short-term rebound. However, the prevailing bearish momentum remains intact.
MUFG initiates short EUR/JPY position at 177.50, targeting 172 amid French bond stress
MUFG has opened a short position on EUR/JPY at 177.50, aiming for a target of 172.00, citing concerns over widening French-German bond spreads and expectations of further Bank of Japan (BoJ) rate hikes. The bank anticipates that these factors will lead to a stronger yen and a weaker euro, pressuring the EUR/JPY pair downward.
EUR/JPY drops below 178.00 amid strengthening bearish bias
EUR/JPY has fallen below the 178.00 mark, reflecting a strengthening bearish trend. This decline is influenced by the Japanese yen's appreciation following recent foreign exchange warnings from Japanese officials. Technical indicators, including the 14-day Relative Strength Index (RSI) at 31.77, suggest potential oversold conditions, yet the bearish momentum persists.
EUR/JPY dips below 179.00 amid persistent bearish trend.
EUR/JPY has fallen below the 179.00 mark, continuing its downward trajectory. The 14-day Relative Strength Index (RSI) stands at 35.96, indicating strong selling pressure. Immediate resistance is at the nine-day Exponential Moving Average (EMA) around 179.55.
EUR/JPY tests nine-day EMA support near 180.00 amid bearish momentum.
EUR/JPY is currently testing the nine-day Exponential Moving Average (EMA) support near 180.00, indicating bearish momentum. The 14-day Relative Strength Index (RSI) at 42.47 suggests continued downside pressure. A rebound above the nine-day EMA could signal a bullish reversal toward the 50-day EMA at 182.31.
EUR/JPY trades near 179.85 amid intervention concerns and technical resistance.
EUR/JPY is hovering around 179.85, constrained by intervention fears and technical resistance. Japanese authorities have recently conducted rate checks, signaling potential intervention to curb yen depreciation. Additionally, the 100-day simple moving average (SMA) at 180.00 is capping upward momentum.
EUR/JPY hovers near 180.00 amid mixed economic signals and yen weakness.
Over the past 24 hours, EUR/JPY has remained relatively stable around the 180.00 mark. This stability is influenced by a combination of positive Eurozone economic data and ongoing yen weakness due to the Bank of Japan's dovish stance. However, political uncertainties in Germany have introduced some volatility, offsetting the positive momentum from the eurozone's economic indicators.
EUR/JPY rises to 180.85 as ECB's Lagarde reaffirms inflation focus.
The EUR/JPY pair has strengthened, reaching 180.85, following European Central Bank President Christine Lagarde's reaffirmation of the ECB's commitment to combating inflation. This stance has bolstered the euro against the yen, despite the Bank of Japan's recent rate hike.
Citi forecasts EUR/JPY below ¥175 in early 2027 despite short-term rebound risk
Citi analysts project that EUR/JPY will decline below ¥175 per euro in the first half of 2027, citing rising Japanese real interest rates due to a slowdown in Japanese equity gains. They anticipate a near-term recovery to around ¥183 per euro, with a base case of ¥181 in December. The outlook suggests a correction toward levels dictated by the absolute interest rate spread between the euro area and Japan.
EUR/JPY dips below 179.00 amid bearish technical indicators
Over the past 24 hours, EUR/JPY has declined below the 179.00 mark, reflecting a prevailing bearish sentiment. Technical analysis indicates that the pair is trading within a descending channel, with the 14-day Relative Strength Index (RSI) around 32, suggesting persistent downside pressure. Immediate support is identified near 177.40, the lower boundary of the descending channel.
EUR/JPY slips below 179.00 as bearish momentum persists
EUR/JPY has declined below the 179.00 mark, maintaining a bearish trend. The pair faces resistance from both the nine-day and 50-day Exponential Moving Averages (EMAs), with the 14-day Relative Strength Index (RSI) around 32 indicating ongoing downside pressure.
EUR/JPY hovers around 178.50, maintaining bearish trend amid oversold conditions.
EUR/JPY continues to trade near 178.50, reflecting a persistent bearish trend. The 14-day Relative Strength Index (RSI) at 29.84 indicates ongoing downside pressure, with potential support at the lower boundary of its descending channel near 177.60.
EUR/JPY rebounds to 178.50 as ECB reaffirms inflation fight
Over the past 24 hours, EUR/JPY has rebounded to 178.50, supported by the European Central Bank's (ECB) commitment to maintaining price stability. ECB President Christine Lagarde emphasized the central bank's focus on controlling inflation, which bolstered the euro against the yen. This development suggests that the ECB's monetary policy stance continues to influence the EUR/JPY exchange rate.
EUR/JPY weakens to near 179.10 amid BoJ rate hike expectations
EUR/JPY has declined to approximately 179.10, influenced by expectations of a 25 basis point rate hike by the Bank of Japan (BoJ) in their upcoming meeting. This anticipated tightening is strengthening the Japanese Yen against the Euro.
EUR/JPY dips below 179.00 amid ongoing bearish trend and BoJ rate hike expectations
EUR/JPY has declined below the 179.00 mark, maintaining a bearish trend influenced by expectations of a 25 basis point rate hike by the Bank of Japan (BoJ) at its upcoming meeting on September 17–18. This anticipated tightening by the BoJ continues to support the Japanese Yen, exerting downward pressure on the Euro-Yen pair.
EUR/JPY stabilizes above 179.00 after ECB's rate hike to 2.50%
The European Central Bank (ECB) raised its deposit rate by 25 basis points to 2.50%, its second hike this year, leading EUR/JPY to rise above 179.00. ECB President Christine Lagarde termed the move a 'no-brainer,' and markets are now anticipating further hikes, which has steadied the Euro against the Yen.
EUR/JPY declines to 178.50 amid Bank of Japan's hawkish rate hike signals.
The EUR/JPY currency pair has fallen to approximately 178.50, influenced by recent hawkish statements from Bank of Japan (BoJ) officials indicating potential interest rate hikes. These remarks have strengthened the Japanese Yen against the Euro, maintaining a bearish trend for EUR/JPY.
EUR/JPY continues decline below 178.50 amid bearish momentum
EUR/JPY has extended its downward trend, trading around 178.40 during the Asian hours on Tuesday. The pair remains within a descending channel pattern, indicating a bearish bias. The 14-day Relative Strength Index (RSI) at 23.09 suggests oversold conditions, yet downside momentum persists.
EUR/JPY drops 1.11% to 179.45 amid BoJ rate hike expectations
EUR/JPY declined by 1.11% on Monday, trading around 179.45, as the Japanese Yen strengthened due to growing expectations of a Bank of Japan (BoJ) interest rate hike. Investors are now fully pricing in a 25-basis-point rate increase at the upcoming BoJ meeting on September 17-18.
EUR/JPY remains near 181.50 as yen strength persists amid intervention concerns.
Over the past 24 hours, EUR/JPY has maintained a trading range around 181.50, influenced by the Japanese yen's sustained strength. This strength is partly due to Japan's top currency diplomat reiterating readiness for foreign exchange market intervention, which has heightened market caution. Additionally, the Eurozone's mixed economic data, particularly in the services sector, has contributed to the euro's relative weakness.
EUR/JPY stalls below 182.00 despite positive German factory data.
In the past 24 hours, EUR/JPY has remained below the 182.00 mark, even after positive German factory orders data. Analysts attribute this to the Bank of Japan's hawkish stance, which has bolstered the yen. Traders are also cautious ahead of upcoming European Central Bank (ECB) communications.
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