European FX: Dollar-yen eases slightly, euro-yen under pressure

The story

In European trading, USD/JPY lost some momentum, edging down to around ¥158.40. The euro came under selling pressure and the dollar was bought amid concerns over France's fiscal and political situation, sending EUR/USD down to $1.1187. EUR/JPY also fell further as a result, weighing on USD/JPY.

The trading ranges so far are ¥158.34–¥158.48 for USD/JPY, ¥177.25–¥177.49 for EUR/JPY and $1.1187–$1.1206 for EUR/USD.

At a glance

Trading levelUSD/JPY traded in a range of ¥158.34–¥158.48

Trading levelEUR/JPY traded in a range of ¥177.25–¥177.49

Currency pairEUR/USD fell to $1.1187

DriversThe euro came under selling pressure and the dollar was bought amid concerns over France's fiscal and political situation

Related marketThe decline in EUR/USD weighed on EUR/JPY

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