Japan Overall Household Spending (YoY) came in at -2.6%, below expectations (0%) in December

Feb 6, 2026

EUR/USD slides after ECB hold as risk-off flows lift US Dollar

The Euro extends its losses on Thursday as the European Central Bank held rates unchanged in an uneventful monetary policy decision. Jobs data in the United States was softer than expected fueling speculation for rate cuts by the Federal Reserve. The EUR/USD trades at 1.1777, down 0.25%.

USD/JPY strengthens to two-week high near 157.00 ahead of Japan snap election

The USD/JPY pair gains momentum to a two-week high near 157.00 during the early Asian session on Friday. The Japanese Yen (JPY) remains under selling pressure against the US Dollar (USD) ahead of Japan's snap general election on Sunday.