# EUR/JPY steady as ECB minutes back Euro, Yen weighed by fiscal risks

> EUR/JPY traded near 181.25 on November 27 as ECB minutes showed unanimous support for holding rates steady. The yen remained under pressure from fiscal concerns in Japan and uncertainty over the timing of the next Bank of Japan rate hike.

- Date: 2025-11-27 · published 2025-11-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/22159-eur-jpy-steady-as-ecb-minutes-back-euro-yen-weighed-by-fiscal-risks
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

This cross-currency move has no clear direct effect on feed commodity supply, demand or prices. It is included only for completeness of the currency coverage.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-07-24 | [ECB holds rates steady: Why is the Euro rising?](https://feedsoft.ai/events/18562-ecb-holds-rates-steady-why-is-the-euro-rising.md) | +1.3% | +2.7% |
| EURUSD | 2023-04-27 | [Euro near one-year peak as US economic risks weigh on dollar](https://feedsoft.ai/events/36622-euro-near-one-year-peak-as-us-economic-risks-weigh-on-dollar.md) | -0.0% | -2.7% |
| EURUSD | 2022-12-01 | [Dollar down as Fed minutes, U.S. data weighs](https://feedsoft.ai/events/38841-dollar-down-as-fed-minutes-u-s-data-weighs.md) | +1.8% | +3.3% |
| EURUSD | 2026-03-01 | [Euro weaker after report ECB chief to leave; dollar higher after data, Fed minutes](https://feedsoft.ai/events/20804-euro-weaker-after-report-ecb-chief-to-leave-dollar-higher-after-data-fed-minutes.md) | -1.8% | -2.6% |
| EURUSD | 2019-01-24 | [Dollar rises vs euro as ECB's Draghi warns on downside risks](https://feedsoft.ai/events/61302-dollar-rises-vs-euro-as-ecb-s-draghi-warns-on-downside-risks.md) | +0.2% | -0.4% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-jpy-steady-as-ecb-minutes-support-euro-yen-pressured-by-fiscal-concerns-202511271530

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.