USD/JPY bias flipped 9 times to bullish on October 8, 2026
The yen has been moving both ways against the dollar as shifting Bank of Japan rate-hike expectations, hawkish FOMC minutes, and focus on intervention around the 158 area shape trading, alongside Japanese pay data coming in above forecast and comments from BoJ's Sato. Fiscal concerns have added to a softer tone for the yen, while firmness in the dollar has left Asian currencies mixed and the yen also firm against the euro.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 00:00Neutral
- 02:04Weak bearish
- 02:19Neutral
- 02:39Bullish
- 04:10Neutral
- 05:15Weak bearish
- 05:30Bullish
- 08:46Bearish
- 09:31Neutral
- 11:56Bullish
Headlines (12)
First seen on October 8
- Japanese Yen strengthens amid BoJ hike bets, intervention risks; bullish USD cap gainsFXStreet
- Japanese Yen weakens against US Dollar amid hawkish FOMC minutesFXStreet
- The Yen Is Capitalising on the Euro’s WeaknessActionForex
Carried over from earlier days
- Yen Caught Between BoJ Caution and Shifting Carry Trade. Forecast as of 06.10.2026LiteFinance
- Japanese Yen underperforms despite signals of further BoJ tighteningFXStreet
- BoJ’s Sato signals support for future rate hikesFXStreet
- Japanese Yen softens as BoJ rate hike expectations recede, FOMC Minutes loomFXStreet
- Asian currencies mixed as dollar holds gains, yen weakens near 158Investing.com
- USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USDFXStreet
- Japanese Yen edges up from lows amid hawkish comments from BoJ’s SatoFXStreet
- Japanese Yen: Slightly weaker bias as fiscal risks grow – DBSFXStreet
- The Yen round-trips after Japanese pay beats its forecastFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 8 | ||
| 30-y Bond Auction | JPY | |
| Economy Watchers Sentiment | 46.7 | JPY |
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |
| Final Wholesale Inventories m/m | 0.7% | USD |
| Natural Gas Storage | 79B | USD |
| 30-y Bond Auction | USD | |
| FOMC Member Musalem Speaks | USD | |