USD/JPY bias flipped 33 times to bearish on October 1, 2026
USD/JPY has been influenced by elevated US bond yields lifting the dollar to a two-month high, which has offset hawkish Bank of Japan opinions and survey signals pointing to more rate hikes after September's move. Softer US inflation briefly supported the yen before the move faded, while intervention risk, comments from Tokyo describing the yen as undervalued, and half-year-end flows and Fed comments around 156.4 have also featured in recent trading.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 33 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bullish
- 00:10Weak bearish
- 00:25Neutral
- 00:40Weak bearish
- 00:55Weak bullish
- 01:40Bullish
- 02:25Weak bearish
- 03:00Bullish
- 03:35Weak bearish
- 03:50Bullish
- 04:05Neutral
- 05:30Weak bearish
- 06:06Neutral
- 06:21Weak bullish
- 06:36Neutral
- 06:51Weak bullish
- 08:21Bullish
- 10:21Bearish
- 10:36Weak bearish
- 11:21Bullish
- 11:51Bearish
- 12:06Neutral
- 12:21Bullish
- 14:41Weak bearish
- 15:11Weak bullish
- 15:26Bearish
- 17:06Weak bullish
- 17:36Bearish
- 18:11Weak bullish
- 19:42Weak bearish
- 21:12Neutral
- 21:27Bearish
- 22:57Bullish
- 23:37Bearish
Headlines (13)
First seen on October 1
- The Japanese Yen spikes on softer US inflation and gives the gain backFXStreet
- ICYMI: BOJ opinions and tankan both point to more rate hikes after September's moveInvestingLive
- Japanese Yen drops to weekly low as elevated US bond yields lift USD to two-month highFXStreet
- Japanese Yen dips further as higher US yields offset hawkish BoJ opinionsFXStreet
- USD/JPY: Yen soft as intervention absent – UOBFXStreet
- Japanese Yen recovers as intervention risk offsets US Dollar strengthFXStreet
Carried over from earlier days
- BOJ Raises Rates to a 31-Year High: Why Is the Yen Still Under Pressure?Investing.com
- The Japanese Yen sits still while Tokyo calls it undervaluedFXStreet
- Japanese Yen edges higher on verbal warnings, traders await US ADP labour and PCE dataFXStreet
- USD/JPY slips to around 156.4 as half-year-end flows and Fed comments weighInvestingLive
- USD/JPY: Yen carry risks build into Q4 – RabobankFXStreet
- USD/JPY: Intervention fears steer Yen strength – Societe GeneraleFXStreet
- Japanese Yen advances as US PCE shifts Fed rate hike bets toward DecemberFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 1 | ||
| Final Manufacturing PMI | 54.1 | JPY |
| 10-y Bond Auction | JPY | |
| Challenger Job Cuts y/y | USD | |
| Unemployment Claims | 201K | USD |
| FOMC Member Schmid Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| FOMC Member Collins Speaks | USD | |
| Final Manufacturing PMI | 56.9 | USD |