# Euro dips as weak Eurozone data, BoJ hike bets weigh on EUR/JPY

> The euro weakened against the yen as September eurozone retail sales fell 0.7% month over month, much more than expected. The yen was supported by expectations of a possible Bank of Japan rate hike in December, while German industrial production rose 0.7% in September.

- Date: 2026-11-06 · published 2026-11-06T12:09:27.796Z
- Category: macro · region Eurozone and Japan · magnitude low
- Page: https://feedsoft.ai/events/83824-euro-dips-as-weak-eurozone-data-boj-hike-bets-weigh-on-eur-jpy
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Weak consumer data can weigh on expectations for eurozone growth and the euro, while higher Japanese rate expectations support the yen. This points to downside pressure on EUR/JPY.

## Read by commodity

- EURUSD: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-09-23 | [US Dollar Forecast: EUR/USD Falls as Weak Eurozone Data Fuels ECB Rate Cut Bets \| FXEmpire](https://feedsoft.ai/events/28531-us-dollar-forecast-eur-usd-falls-as-weak-eurozone-data-fuels-ecb-rate-cut-bets.md) | 0.0% | -3.0% |
| EURUSD | 2017-08-31 | [Dollar Gains On Bets ECB Could Weaken Euro, Strong U.S. Data - Babypips.com](https://feedsoft.ai/events/69665-dollar-gains-on-bets-ecb-could-weaken-euro-strong-u-s-data-babypips-com.md) | +0.8% | -1.3% |
| EURUSD | 2019-08-20 | [Bets rise euro to weaken on ECB easy money](https://feedsoft.ai/events/57805-bets-rise-euro-to-weaken-on-ecb-easy-money.md) | +0.1% | -0.3% |
| EURUSD | 2025-11-28 | [Euro Slips Below $1.16 on Mixed EU Data](https://feedsoft.ai/events/22149-euro-slips-below-1-16-on-mixed-eu-data.md) | +0.6% | +1.5% |
| EURUSD | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | +0.2% | -0.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-dips-as-weak-eurozone-data-boj-tightening-bets-bolster-japanese-yen-202611061110

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