Yen weakens as Fed hold reveals divide and dollar firms: Oct 29, 2026
The yen declined on a stronger US dollar and safe-haven outflows after the Federal Reserve issued its FOMC statement, with coverage noting the hold revealed a hawkish divide. Japan's Katayama said the government is prepared to take decisive steps in the FX market, while the yen stayed subdued as higher oil lifted import costs.
Updated
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Headlines (9)
First seen on October 29
Carried over from earlier days
- Japan’s Katayama says government is prepared to take decisive steps in FX marketFXStreet
- Japanese Yen remains subdued as higher oil increases import costsFXStreet
- Federal Reserve issues FOMC statementfederalreserve.gov
- FOMC decision Oct 28: Rates left unchangedInvestingLive
- Japanese Yen weakens as Fed hold reveals hawkish divideFXStreet
- Here is what changed in the new Fed statementCNBC
- The before and after. A look at the changes in forex, rates, stocks through the FOMC decision and press conference.InvestingLive
- Here are five key takeaways from the Fed rate decision and Warsh news conferenceCNBC
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 29 | ||
| Consumer Confidence | 35.1 | JPY |
| Core PCE Price Index m/m | 0.3% | USD |
| Advance GDP Price Index q/q | 3.2% | USD |
| Personal Income m/m | 0.3% | USD |
| Personal Spending m/m | 0.6% | USD |
| Unemployment Claims | 198K | USD |
| Advance GDP q/q | 3.2% | USD |
| Natural Gas Storage | 75B | USD |