Will the euro, which has risen against the yen, continue to climb? Caution is advised.

Will the euro, which has risen against the yen, continue to climb? Caution is advised.

14.11.2025

In yesterday’s U.S. currency trading, the U.S. dollar fell against the yen. The USD/JPY pair dropped from 155.014 to 154.119. On the hourly chart, the price fell from the +2σ to the -3σ Bollinger Band.On the 4-hour chart, the price has fallen just below the 20-day moving average (MA), and on the daily chart, a pullback from the +2σ level of the Bollinger Bands is currently underway, similar to the 4-hour chart. However, as upward price movement has resumed during today’s Asian session, we should watch closely to see if a rally occurs during the U.S. session.

Despite the fact that the euro rose against the yen even though the EU’s September industrial production, released yesterday, came in at 1.2% year-on-year—up from the previous month’s 1.1% but still below the market forecast of 2.0%—the euro rose against the yen.The EUR/JPY pair rose from 179.172 to 179.936. It turned upward, supported by the 20-period moving average on the hourly chart. On the 4-hour chart, the price continues to move along the +2σ line of the Bollinger Bands, and on the daily chart, it has risen for five consecutive days. The RSI has reached 70, indicating an overbought condition.

Today’s economic indicators include Japan’s Tertiary Industry Activity Index at 1:30 p.m., Eurozone real GDP and trade balance at 7:00 p.m.,at 22:30: Canada’s Manufacturing Sales and Wholesale Sales; at 24:05: Remarks by Schmidt, President of the Kansas City Fed; at 24:30: U.S. Weekly Natural Gas Inventories; and at 28:30: Remarks by Logan, President of the Dallas Fed.Note that the release of U.S. retail sales, the Producer Price Index, and business inventories remains postponed due to the government shutdown. We should remain vigilant to see if the euro, which has risen against the yen, will extend its gains.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed