The ECB's daily reference rate left EUR/JPY at 175.51 on Friday 23 October, the euro's weakest level against the yen so far in 2026.

The move in context:

- The year started at 183.94 (2 January).

- The 2026 high was 187.72, reached in April.

- Since January, the euro has lost more than 4% against the yen; from the April high, more than 6%.

It is a clear change of pattern for a pair that spent years moving almost exclusively upward: the yen is now at its strongest level of the year against the euro.

Source: ECB reference rates. Chart: Stocksdam with ECB data.

Educational content. Not personalized advice or an investment recommendation.