Yen nears 160 as hot US inflation lifts Fed hike bets: Nov 12, 2026
The yen fell to a ten-week low with USD/JPY breaking above 159.00 and nearing 160, as hotter-than-expected US inflation lifted bets on further Fed rate hikes. Japanese government bond yields also jumped alongside the US Treasury selloff, while the move near 160 has raised pressure on Tokyo to intervene.
Updated
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Headlines (10)
First seen on November 12
- Yen nears 160 per dollar, raising pressure on Tokyo to intervenegelonghui.com
- Yen nears 160 as hotter-than-expected US inflation lifts Fed hike betsflash.jin10.com
- Asia FX holds losses as dollar hits 19-mth high; yen nears 160Investing.com
Carried over from earlier days
- Japanese Yen falls as US CPI beats forecasts and Fed officials back further rate hikesFXStreet
- Japanese Yen struggles as Fed rate hike odds lift USD/JPYFXStreet
- Yen Slumps to Over One-Month Low on Fed Hike BetsThe Wall Street Journal
- Japanese Govt Bond Yields Jump Sharply on US Treasury Selloff, 10-Year Up 10.5 bps to 2.795%gelonghui.com
- USD/JPY Price Forecast: Eyes seven-week consolidation breakoutFXStreet
- The Japanese Yen is doing something it hasn't done in ten weeksFXStreet
- Japanese Yen tumbles to ten-week low as USD/JPY breaks above 159.00FXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 12 | ||
| Unemployment Claims | 194K | USD |
| FOMC Member Hammack Speaks | USD | |
| Existing Home Sales | 3.89M | USD |
| FOMC Member Barr Speaks | USD | |
| Mortgage Delinquencies | USD | |
| FOMC Member Goolsbee Speaks | USD | |
| Crude Oil Inventories | -0.6M | USD |
| 30-y Bond Auction | USD | |