USD/JPY news for August 28, 2026

USDJPY jumped above its 100-day moving average after sticky core PCE and steady GDP data kept Fed tightening hopes alive, supporting the dollar. At the same time, the yen moved higher as dollar bulls showed hesitation amid Hormuz optimism, while rising bond yields from Fed and Warsh comments added to the pair's volatility. The pair remains sensitive to shifting rate expectations and risk sentiment.

Updated 21:05 UTC

How the day unfolded

1. 00:05 UTC

   The US dollar has firmed after sticky core PCE data reinforced expectations of further Federal Reserve tightening, while the yen has slipped ahead of Tokyo CPI data and amid pressure on the Bank of Japan to act on inflation. These opposing dynamics are keeping USDJPY supported.

2. 18:05 UTC

   The US dollar firmed after sticky core PCE data reinforced expectations of tighter Fed policy, lifting USDJPY above its 100-day moving average. The yen slipped ahead of Tokyo CPI, though brief dollar hesitation amid Hormuz optimism allowed the yen to edge higher at times.

Headlines (13)

• Yen Returns to Its Fundamental Drivers. Forecast as of 26.08.2026
  www.litefinance.org · Aug 26, 10:35 UTC
• Japanese Yen reverses earlier gains as US Dollar firms after PCE data
  www.fxstreet.com · Aug 26, 19:58 UTC
• Japanese Yen slips ahead of Tokyo CPI
  www.fxstreet.com · Aug 26, 21:01 UTC
• Japanese Yen edges higher as USD bulls seem hesitant amid Hormuz optimism
  www.fxstreet.com · Aug 27, 01:11 UTC
• Sticky Core PCE and Steady GDP Keep Fed Tightening Hopes Alive
  www.babypips.com · Aug 27, 03:26 UTC
• Yen weakness and rising inflation put pressure on the Bank of Japan for earlier tightening
  www.ft.com · Aug 27, 05:15 UTC
• US Dollar Edges Higher
  www.investing.com · Aug 27, 11:28 UTC
• Kickstart the NA session with a technical look at the EURUSD, USDJPY and GBPUSD: Key levels in play
  investinglive.com · Aug 27, 12:16 UTC
• FX Daily: Keeping an eye on the long end
  think.ing.com · 07:01 UTC
• How have interest rate expectations changed after this week's events?
  investinglive.com · 11:01 UTC
• USDJPY jumps above its 100 day MA and makes a break for it.
  investinglive.com · 16:50 UTC
• US Fed chair warns inflation progress insufficient, hints at rate hikes
  www.aljazeera.com · 17:30 UTC
• U.S. Stocks Fall After Warsh Speech Boosts Bond Yields
  www.wsj.com · 20:44 UTC

Scheduled events

As of 21:05 UTC

• 2026-08-28 — FOMC Member Hammack Speaks · USD
• 2026-08-28 — Chicago PMI · forecast 57.9 · USD
• 2026-08-28 — Revised UoM Consumer Sentiment · forecast 51.0 · USD
• 2026-08-28 — Revised UoM Inflation Expectations · USD
• 2026-08-28 — Fed Chairman Warsh Speaks · USD
• 2026-08-28 — Prelim Benchmark Payrolls Revision · USD
• 2026-08-30 — Retail Sales y/y · forecast 3.2% · JPY
• 2026-08-30 — Prelim Industrial Production m/m · forecast -0.7% · JPY