{
  "id": 9547959,
  "title": "Euro advances as strong German IFO, cautious BoJ outlook weigh on Japanese Yen",
  "url": "https://urgent.news/2026/09/24/euro-advances-as-strong-german-ifo-cautious-boj-outlook-weigh-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T11:27:48.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-advances-as-strong-german-ifo-cautious-boj-outlook-weigh-on-japanese-yen-202609241127"
  },
  "original_language": "en",
  "account": "On Thursday, the Euro (EUR) gained against the Japanese Yen (JPY), advancing to 180.55, a 0.19% increase. The strength of EUR/JPY was driven by Germany's improved business sentiment, as seen in the IFO Business Climate Index, which rose to 89.9 in September, surpassing the market's expectations of 89. The Current Assessment Index and Expectations Index also saw positive changes, reaching 89.5 and 90.4, respectively.\n\nMeanwhile, Japan's central bank raised its policy rate by 25 basis points to 1.25%, the highest level since 1995. Despite this increase, the Bank of Japan's (BoJ) cautious stance on further monetary tightening left room for uncertainty. Finance Minister Satsuki Katayama affirmed the ongoing foreign-exchange principles between Japan and the United States (US), while Japanese government bond yields surged.\n\nThe 10-year Japanese Government Bond (JGB) yield climbed by nearly 9 basis points to 3.071%, its highest level in 30 years. The BoJ's decision, however, did not instill confidence due to the 7-2 vote, with Toichiro Asada and Ayano Sato dissenting. This disagreement raised doubts about the pace of additional tightening. BoJ Governor Kazuo Ueda's comments also fell short of the hawkish expectations from the market.\n\nWith only a 30% probability of another rate increase, preventing rising Japanese yields from strengthening the Yen, EUR/JPY remained supported above 180.50.",
  "summary": "EUR/JPY trades higher around 180.55 on Thursday, gaining 0.19% on the day at the time of writing.",
  "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."
}