Extending its 3-day winning streak, the European currency climbed back above the key 129.0 level against the yen after a gap of 8-days in late Asian deals on Thursday.
The euro rose as high as 129.11 around 2:50 am ET, up 0.75 percent from Wednesday's close of 128.13. Next key levels for the euro-yen pair to watch on the upside are 130.0, 130.80, 131.0 and 132.0.
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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.