After a brief slide in early Asian deals on Tuesday, the yen strengthened against the euro. As of now, the yen is trading at a 4-day high of 99.51 per euro. If the yen gains further, it will break last week's multi-month high of 99.39 and target the 99.0 level.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.