Reversing losses, the Japanese yen climbed against other major currencies in early European deals on Wednesday.
The yen is now trading at 94.88 against the greenback, 103.16 against the franc, 148.46 against the pound and 92.93 against the loonie, reversing from early lows of 95.65, 103.91, 149.50 and 93.56, respectively.
The yen recovered from an early 1-week low of 128.10 against the euro and is worth 127.06.
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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.