The yen that retreated from early highs against other major currencies has been falling further in the European session on Friday.
The yen slipped to 9-day lows of 82.46 against the franc and 99.00 against the euro, reversing from early 3-day highs of 81.62 and 98.00, respectively.
The yen is now trading at 79.35 against the loonie and 78.57 against the greenback, compared to late Asian session's 1-week high of 79.03 and an 8-day high of 78.41, respectively.
Against the kiwi and the aussie, the yen is now worth 63.10 and 81.21, down from an early high of 62.65 and a new multi-week high of 80.72, respectively.
The Japanese currency also slipped to as low as 124.57 against the pound, after hitting a 3-day high of 123.78 in early deals.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.