The Japanese yen weakened against other major currencies in the European session on Monday, due to worries about Japanese authorities intervening in the foreign exchange market.
Concerns over Japan's economic future and rising oil prices continue to put pressure on the Japanese yen (JPY).
For comments and feedback contact: editorial@rttnews.com
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.