USD/JPY bias held neutral on July 26, 2026
The USDJPY pair is being driven by anticipation of key central bank decisions this week, including the Bank of Japan (BoJ) and Federal Reserve (FOMC) meetings, along with important US economic data such as PCE and GDP. These events are creating uncertainty about monetary policy divergence, which is a primary factor influencing the exchange rate.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (19)
First seen on July 26
- Newsquawk Week in Focus: FOMC, BoE, BoJ, US PCE, US GDP, and EZ CPIInvestingLive
- Week ahead for traders: FOMC, BoE, BoJ, US PCE and GDP create major cross-asset riskInvestingLive
- Early indications for the FX market this weekInvestingLive
Carried over from earlier days
- British Pound steadies against Japanese Yen following outperformance in UK Retail SalesFXStreet
- Dollar: Oil Leaves the Fed with No ChoiceActionForex
- How have interest rate expectations changed after this week's events?InvestingLive
- The EURUSD, USDJPY and GBPUSD are little changed to start the NA trading session. What next?InvestingLive
- Euro pauses near 12-week high against Yen despite upbeat Eurozone PMIFXStreet
- Japan's Bitcoin ETF Potential: Why an $18.4 Billion Target Is Not an OverstatementU.Today
- Japanese Yen: Multi-decade lows against US Dollar face BoJ risk – ScotiabankFXStreet
- Japanese Yen stays under pressure as resilient US economy supports the DollarFXStreet
- Forecasting the upcoming week: Fed, BoE and BoJ decisions take center stageFXStreet
- EUR/JPY Price Forecast: Consolidates near 187.00, bulls target 188.00FXStreet
- Forex Weekly Recap: July 20 – 24, 2026babypips.com
- Economics Week AheadActionForex
- Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?The Guardian
- CFTC Report: A split tape; bearish FX conviction, selective covering and a crude reversalFXStreet
- Asia week ahead: Rate decisions in Japan and Singapore, data on China and TaiwanING Think
- Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capitalCryptoSlate
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, July 26 | ||
| SPPI y/y | 3.4% | JPY |
| Monday, July 27 | ||
| Core Durable Goods Orders m/m | 0.9% | USD |
| Durable Goods Orders m/m | 1.6% | USD |
| Tuesday, July 28 | ||
| BOJ Core CPI y/y | 1.4% | JPY |
| ADP Weekly Employment Change | USD | |
| Prelim Wholesale Inventories m/m | 0.2% | USD |
| Goods Trade Balance | -98.0B | USD |
| S&P/CS Composite-20 HPI y/y | 0.8% | USD |