USD/JPY bias flipped 16 times to weak bearish on October 2, 2026
The yen fell to a weekly low as elevated US bond yields lifted the dollar to a two-month high, offsetting hawkish Bank of Japan opinions and signals for more hikes after September's move. Hot Tokyo inflation, with core at 2.7%, pared October hike expectations at times and helped the yen firm, while softer US inflation, intervention risk, and positioning ahead of the US jobs report added to two-way moves.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 16 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
- 00:00Bearish
- 00:27Weak bullish
- 02:32Bullish
- 02:47Weak bearish
- 03:47Weak bullish
- 04:27Weak bearish
- 04:52Neutral
- 06:07Weak bearish
- 07:37Weak bullish
- 08:17Neutral
- 10:12Weak bullish
- 11:07Neutral
- 12:37Bearish
- 13:22Weak bullish
- 13:57Weak bearish
- 14:37Neutral
- 16:12Weak bearish
Headlines (10)
First seen on October 2
- investingLive Americas market news wrap: USD/JPY dips and then comes storming backInvestingLive
- Japanese Yen draws support from hot Tokyo CPI as USD bulls await US NFP reportFXStreet
Carried over from earlier days
- USD/JPY slips to around 156.4 as half-year-end flows and Fed comments weighInvestingLive
- 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
- Japanese Yen recovers as intervention risk offsets US Dollar strengthFXStreet
- The Japanese Yen weakens as traders pare Bank of Japan October hike betsFXStreet
- Tokyo core inflation hits 2.7% and the Yen firmsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 2 | ||
| Leading Indicators | JPY | |
| Unemployment Rate | 4.1% | USD |
| Average Hourly Earnings m/m | 0.3% | USD |
| Non-Farm Employment Change | 89K | USD |
| Factory Orders m/m | 0.1% | USD |
| FOMC Member Logan Speaks | USD | |
| FOMC Member Goolsbee Speaks | USD | |
| Monday, October 5 | ||
| Consumer Confidence | 35.3 | JPY |