{
  "id": 6567314,
  "title": "Euro sticks to modest recovery gains vs Yen; remains close to YTD low ahead of ECB",
  "url": "https://urgent.news/2026/09/10/euro-sticks-to-modest-recovery-gains-vs-yen-remains-close-to-ytd-low",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T08:30:11.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-sticks-to-modest-recovery-gains-vs-yen-remains-close-to-ytd-low-ahead-of-ecb-202609100830"
  },
  "original_language": "en",
  "account": "The EUR to Japanese Yen exchange rate edged closer to its yearly bottom ahead of the European Central Bank's (ECB) decision. The EUR/JPY pair traded around 178.75 in the initial half of Thursday's European session. Inflation data released on Tuesday showed Eurozone prices jumped to 3.3% year-on-year in August, up from 2.9% the previous month. This inflation surge reflects concerns over energy prices and geopolitical tensions in the Middle East. ECB President Christine Lagarde's remarks during the post-meeting press conference are expected to impact the Euro and the EUR/JPY rate. Traders have factored in a 25 basis point hike by the BoJ at its meeting on September 17-18, with high probabilities of a further hike in December. This optimism around the BoJ's rate hike, coupled with a dovish tone from the ECB, provides support for the EUR/JPY cross. Traders are advised to wait for robust buying before confirming the near-term bottom near 177.85 and considering a recovery.",
  "summary": "The EUR/JPY cross struggles to capitalize on its modest intraday gains and trades around the 178.75 region during the first half of the European session on Thursday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}