The Japanese yen retreated from early highs and fell back against other major currencies on Friday in Europe.
The yen hit new multi-month lows of 86.75 against the aussie, 68.97 against the NZ dollar and 83.85 against the loonie, compared to early highs of 86.12, 68.39 and a 2-day high of 82.87, respectively.
Against the pound, franc and the euro, the yen is worth 132.64, 88.47 and 106.89, reversing from previous multi-day highs of 131.73, 87.85 and 106.14, respectively.
The yen pulled back from a 2-day high of 82.19 against the greenback and fell to fresh 2-week low of 82.83.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.