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fxJun 23, 2026, 7:58 AM

Euro Declines Against Yen as German Manufacturing PMI Flatlines

EUR/JPY fell for a second straight day on Tuesday, dropping to around 184.30 after Germany's HCOB Manufacturing PMI came in unchanged for June. Markets now await Eurozone-wide PMI figures.

EURJPY

The euro weakened against the Japanese yen on Tuesday, with EUR/JPY trading near 184.30 during the European session. The decline follows the release of Germany's HCOB Purchasing Managers' Index (PMI) for manufacturing, which showed no improvement in June.

Attention now turns to the broader Eurozone PMI data, which is due later in the session. A soft reading could add further pressure on the euro.

EUR/JPY has extended its losses for a second consecutive day, reflecting persistent weakness in the single currency against the safe-haven yen.

Source: FXStreet Forex News