USD/JPY bias flipped 14 times to neutral on July 28, 2026
The Japanese yen continues to weaken against the US dollar, hitting a 40-year low, despite the Bank of Japan's tightening stance. The USD/JPY pair is leading G10 FX volatility as markets digest geopolitical developments, including de-escalation hopes regarding US-Iran tensions. The yen's persistent weakness is attributed to factors such as its use as a funding currency and the divergence between BoJ policy and other major central banks.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 14 times during the 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
- 05:35Bullish
- 06:07Neutral
- 11:20Bullish
- 11:36Bearish
- 11:48Neutral
- 12:48Weak bearish
- 13:04Neutral
- 13:24Bullish
- 14:24Neutral
- 14:56Weak bullish
- 15:16Weak bearish
- 16:04Neutral
- 21:09Bearish
- 22:05Neutral
Headlines (12)
First seen on July 28
- investingLive European FX news wrap: Oman's proposal on Hormuz strait gets regional backingInvestingLive
- Trump downplays escalation risks while warning Iran against breaking agreementsFXStreet
- British Pound Sterling has nothing to say in front of two central banksFXStreet
- FX Daily: Swiss franc becomes favourite funding currencyING Think
Carried over from earlier days
- Early indications for the FX market this weekInvestingLive
- Euro climbs beyond 1.1400 as renewed Iran diplomacy hopes undermine safe-haven USDFXStreet
- Japanese Yen gains against US Dollar at the start of Fed-BoJ policy weekFXStreet
- USD/JPY Price Forecast: Eases to 163.50 with the broader bullish trend intactFXStreet
- investingLive European session wrap: Oil stumbles as markets cling on to US-Iran de-escalation hopesInvestingLive
- British Pound loses ground against Japanese Yen ahead of central bank decisionsFXStreet
- USD/JPY and USD/CAD lead G10 FX volatility as yen hits 40-year lowInvesting.com
- Japanese Yen: BoJ tightening yet weaker JPY against US Dollar – BNP ParibasFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, July 28 | ||
| BOJ Core CPI y/y | 1.4% | JPY |
| ADP Weekly Employment Change | USD | |
| Prelim Wholesale Inventories m/m | 0.4% | USD |
| Goods Trade Balance | -100.3B | USD |
| S&P/CS Composite-20 HPI y/y | 1.3% | USD |
| HPI m/m | 0.1% | USD |
| CB Consumer Confidence | 92.4 | USD |
| Richmond Manufacturing Index | 7 | USD |