The Japanese yen erased its previous gains against most major currencies ahead of European deals on Friday.
The yen is trading at 102.49 against the greenback, 131.80 against the euro and 156.18 against the pound, off its early highs of 102.07, 131.47 and 155.84, respectively.
The yen eased from an early multi-week high of 99.58 against the aussie, multi-day highs of 100.03 against the loonie and 82.72 against the kiwi and is now worth 99.91, 100.21 and 83.17, respectively.
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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.