Yen firms as hawkish BoJ minutes point to December hike: Nov 10, 2026
The yen has moved with the US dollar paring gains after nonfarm payrolls, while hawkish Bank of Japan minutes pointing to a potential December rate hike and opinions backing faster hikes have put rate expectations in focus. Japan's record spending to bolster the yen is also in view, with reports of $50 billion spent in a single day and 15.4 trillion yen bought over three days in late July to early August. Attention is also on upcoming US CPI inflation data and debate over the yen's safe-haven status.
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Headlines (9)
First seen on November 10
- BoJ opinions back faster hikes, one sees neutral rate ‘considerably above 1%’InvestingLive
- Japanese Yen edges lower as US CPI inflation data loomsFXStreet
Carried over from earlier days
- Japanese Yen strengthens despite robust US jobs dataFXStreet
- Japan Spent Record $50 Billion in Single Day to Bolster YenThe Wall Street Journal
- investingLive Asia-Pacific market news: Asia shrugs off Nvidia scandal, oil steadiesInvestingLive
- Japan bought 15.4 trillion yen in 3-day late July-early August intervention, first day a recordflash.jin10.com
- Japanese Yen advances as hawkish BoJ Minutes signal potential December rate hikeFXStreet
- Yen Struggles to Regain Its Safe-Haven Status. Forecast as of 09.11.2026LiteFinance
- Japanese Yen firms as US Dollar pares post-NFP gainsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, November 10 | ||
| 30-y Bond Auction | JPY | |
| Economy Watchers Sentiment | 47.1 | JPY |
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.0 | USD |
| ADP Weekly Employment Change | USD | |
| CPI y/y | USD | |
| Core CPI y/y | USD | |
| Core CPI m/m | 0.2% | USD |