Currency pair
EUR/JPY
The relative news tone between the euro and the Japanese yen, and the official readings of both currencies side by side, without combining them.
Relative news tone (24 h)
-0.21
The tone of EUR is more negative than that of JPY
Low confidence
Declared by the AI and not yet calibrated.
It is half the difference between the tone of EUR and that of JPY. Updated 7 hours ago
Pohuant publishes general, descriptive information. It is not investment advice or a recommendation to buy or sell any instrument. Trading in the markets involves a risk of loss.
Readings by factor
Where each official series stands against its own history. These are not forecasts.
Euro (EUR)
Relative strength
Performance against the other 7 currencies, 20 sessions (ECB rates)
-2.15 %
Percentile 3 of 5 years · Very low
-0.49 pp over 1 week · Data as of Oct 28, 2026
Performance against the other 7 currencies, 60 sessions (ECB rates)
-2.42 %
Percentile 6 of 5 years · Very low
-0.51 pp over 1 week · Data as of Oct 28, 2026
Macro
Macro momentum: official indicators against their trend (−1 to 1)
0.19 index
Percentile 89 of 5 years · High
+0.09 index over 1 week · Data as of Oct 21, 2026
CFTC positioning
Asset managers' net position in CME futures (% of open interest)
21.7 %
Percentile 1 of 3 years · Very low
-1.2 pp over 1 week · Data as of Oct 20, 2026
Leveraged funds' net position in CME futures (% of open interest)
-7.8 %
Percentile 1 of 3 years · Very low
-0.1 pp over 1 week · Data as of Oct 20, 2026
Rates and curves
Central bank policy rate
2.5 %
Percentile 59 of 5 years · Usual
+25 bp over 3 months · Data as of Oct 20, 2026
10-year bond
3.37 %
Percentile 97 of 5 years · Very high
-6.9 bp over 1 week · Data as of Oct 27, 2026
2-year bond
3.02 %
Percentile 91 of 5 years · Very high
-1.3 bp over 1 week · Data as of Oct 27, 2026
Valuation
Real effective exchange rate against its 10-year trend
3 %
Percentile 92 of 15 years · Very high
+0.6 pp over 1 month · Data as of Sep 30, 2026
Japanese yen (JPY)
Relative strength
Performance against the other 7 currencies, 20 sessions (ECB rates)
-0.59 %
Percentile 51 of 5 years · Usual
-0.75 pp over 1 week · Data as of Oct 28, 2026
Performance against the other 7 currencies, 60 sessions (ECB rates)
1.56 %
Percentile 82 of 5 years · High
-2.14 pp over 1 week · Data as of Oct 28, 2026
Macro
Macro momentum: official indicators against their trend (−1 to 1)
0.39 index
Percentile 98 of 5 years · Very high
+0.03 index over 1 week · Data as of Oct 24, 2026
CFTC positioning
Asset managers' net position in CME futures (% of open interest)
20.9 %
Percentile 78 of 3 years · High
+3.2 pp over 1 week · Data as of Oct 20, 2026
Leveraged funds' net position in CME futures (% of open interest)
-6 %
Percentile 77 of 3 years · High
+3 pp over 1 week · Data as of Oct 20, 2026
Rates and curves
Central bank policy rate
1.25 %
Percentile 100 of 5 years · Very high
+25 bp over 3 months · Data as of Oct 20, 2026
10-year bond
2.83 %
Percentile 96 of 5 years · Very high
-9.8 bp over 1 week · Data as of Oct 27, 2026
2-year bond
1.89 %
Percentile 98 of 5 years · Very high
-2.1 bp over 1 week · Data as of Oct 27, 2026
Valuation
Real effective exchange rate against its 10-year trend
-24.2 %
Percentile 17 of 15 years · Low
+2.9 pp over 1 month · Data as of Sep 30, 2026
Recent news
Headline and link to the original outlet, with our own summary and the tone for this page.
Bloomberg - Markets ·
ECB Expected to Keep Rates on HoldSubscription outlet: headline and link only.
- Euro: positive tone
investingLive (ex-ForexLive) ·
What are the main events for today?The ECB is expected to hold rates steady while keeping a data-dependent stance, with September inflation at 3.8% and markets pricing about a 64% chance of a December hike.
- Euro: positive tone
OilPrice.com ·
EU Scrambles to Contain Energy Price Crisis Ahead of WinterEU energy ministers are meeting to address a worsening energy price crisis before winter, after refinery closures pushed diesel prices to record highs and gas hit 100 euros per MWh.
- Euro: negative tone
WSJ - Markets Main ·
U.S. Treasury Yields Fall as Investors Digest Fed Meet, Focus Shifts to ECBSubscription outlet: headline and link only.
- Euro: positive tone
Le Monde EN - Economy ·
European Central Bank meets as France's deteriorating public finances continue to drive questionsThe ECB meets as France's worsening public finances raise questions; most expect rates to stay unchanged after two increases this year, with President Lagarde speaking in Bangkok on October 14, 2026.
- Euro: positive tone
Bloomberg - Economics ·
France Debt Crisis: How Does It Compare With Greece?Subscription outlet: headline and link only.
- Euro: negative tone
Bloomberg - Economics ·
ECB Set to Hold Rates to Assess France and Energy RisksSubscription outlet: headline and link only.
- Euro: positive tone
Bloomberg - Economics ·
Why Does Japan’s Underlying Inflation Guide BOJ Rate Decisions?Subscription outlet: headline and link only.
- Japanese yen: positive tone
Bloomberg - Economics ·
BOJ Set to Hold Rate as Inflation Reaches Long-Awaited MilestoneSubscription outlet: headline and link only.
- Japanese yen: positive tone
Meduza ·
Kremlin says U.S.-Russia-Ukraine peace talks will take place in Abu Dhabi after November 4, depending on battlefield conditionsThe Kremlin said trilateral talks among the US, Russia and Ukraine will be held in Abu Dhabi after November 4, with timing tied to battlefield conditions. Zelensky mentioned November 10 as a possible date.
- Euro: positive tone
Bloomberg - Politics ·
Zelenskyy Expects US-Ukraine-Russia Talks as Early As Next WeekSubscription outlet: headline and link only.
- Euro: positive tone
Meduza ·
Putin turns a half-hour call with European leaders into a 90-minute history lecture. Trump says a three-way summit could happen ‘very soon.’President Trump said a three-way summit with Putin and Zelensky could occur soon and expected significant progress, without giving a date or venue.
- Euro: positive tone
Bloomberg - Markets ·
European Gas Hits €100 for First Time Since 2022 Energy CrisisSubscription outlet: headline and link only.
- Euro: negative tone
investingLive (ex-ForexLive) ·
EUR/USD nears key 1.1067 swing level ahead of Fed and ECB decisions. What's next?EUR/USD is approaching the 1.1067 swing level before Fed and ECB decisions. The Fed is expected to keep rates unchanged, with Chair Warsh's wording the key focus and a hawkish hold seen as the base case.
- Euro: negative tone
FT - World ·
Zelenskyy opens door to security guarantees for RussiaSubscription outlet: headline and link only.
- Euro: positive tone
Meduza ·
Trump says he hopes to meet with Putin and Zelensky ‘very soon’Donald Trump said he expects a trilateral meeting soon with Vladimir Putin and Volodymyr Zelensky, citing progress on Russia-Ukraine.
- Euro: positive tone
Japan Times ·
Bank of Japan unlikely to take rates higher this weekThe Bank of Japan is expected to keep rates unchanged this week, though markets see a December hike as plausible.
- Japanese yen: negative tone
Bloomberg - Politics ·
Trump Says Meeting With Zelenskyy and Putin Will Be Set Up SoonSubscription outlet: headline and link only.
- Euro: positive tone
Bloomberg - Markets ·
Weaker Euro Boosts European Exporters as Earnings Season PeaksSubscription outlet: headline and link only.
- Euro: negative tone
Le Monde EN - Economy ·
France 2030: Macron's ambitious investment plan faces a 'budget wall,' Court of Auditors warnsEl Tribunal de Cuentas francés advierte de un 'muro presupuestario' en el plan de inversión Francia 2030 lanzado por Macron, con riesgo de fondos insuficientes.(Summary available in Spanish.)
- Euro: negative tone
Other pairs
Currency pair
EUR/USD
Euro · US dollar
-0.13
−10+1Negative tone · 76 stories
Currency pair
USD/JPY
US dollar · Japanese yen
-0.08
−10+1Negative tone · 66 stories
Currency pair
EUR/GBP
Euro · British pound
+0.05
−10+1Neutral tone · 30 stories
Currency pair
EUR/CHF
Euro · Swiss franc
Not enough news in the last 24 hours.
Currency pair
EUR/CAD
Euro · Canadian dollar
-0.30
−10+1Negative tone · 26 stories
Currency pair
EUR/AUD
Euro · Australian dollar
-0.28
−10+1Negative tone · 17 stories
Currency pair
EUR/NZD
Euro · New Zealand dollar
-0.05
−10+1Neutral tone · 21 stories
Currency pair
GBP/JPY
British pound · Japanese yen
-0.26
−10+1Negative tone · 18 stories
Currency pair
AUD/JPY
Australian dollar · Japanese yen
+0.07
−10+1Positive tone · 5 stories
Currency pair
NZD/JPY
New Zealand dollar · Japanese yen
-0.16
−10+1Negative tone · 9 stories
Currency pair
CAD/JPY
Canadian dollar · Japanese yen
+0.09
−10+1Positive tone · 14 stories
Currency pair
CHF/JPY
Swiss franc · Japanese yen
Not enough news in the last 24 hours.