Yen holds near 158.00 as Fed, BoJ meetings come into focus: Oct 22, 2026
The yen is trading in a range near 158.00 against the US dollar, supported by hawkish Bank of Japan comments but pressured by a wider Japanese trade deficit and cautious BoJ messaging. Focus is on next week's Fed and BoJ meetings, Japan's upcoming inflation figures and US September data on producer prices and employment, with most analysts expecting no October move and the next BoJ hike in December.
Updated
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Headlines (9)
First seen on October 22
- Japanese Yen extends range play vs USD as focus remains on Fed, BoJ meetings next weekFXStreet
- Most analysts now expect the next BOJ rate hike in December, none see October move: BloombergInvestingLive
Carried over from earlier days
- Japanese Yen flatlines near 158.50 as markets seek directionFXStreet
- Japan’s inflation figures are next for a Yen stuck near 158.00FXStreet
- Japanese Yen faces challenges as Japan’s Trade Deficit widens, BoJ signals cautionFXStreet
- Japanese Yen ticks up within previous range, buoyed by hawkish BoJ commentsFXStreet
- Macro pulse: Is the BOJ about to raise interest rates at the worst possible time?InvestingLive
- PPI for final demand increases 1.3% in September; goods advance 2.6%, services rise 0.8%bls.gov
- Both payroll employment (+29,000) and unemployment rate (4.2%) change little in Septemberbls.gov
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 22 | ||
| Unemployment Claims | 200K | USD |
| CB Leading Index m/m | -0.1% | USD |
| Natural Gas Storage | 80B | USD |
| National Core CPI y/y | 2.1% | JPY |
| Friday, October 23 | ||
| Flash Manufacturing PMI | 54.5 | JPY |
| Flash Services PMI | 57.9 | USD |
| Flash Manufacturing PMI | 55.4 | USD |
| Revised UoM Inflation Expectations | USD | |