USD/JPY bias flipped 49 times to bearish on August 4, 2026
USDJPY is being driven by speculation that the Bank of Japan may raise rates, with US Treasury Secretary Bessent hinting at such a move. Additionally, recent coordinated intervention by the US and Japan to buy yen has altered the market landscape, providing support for the yen against the dollar.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 49 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
- 00:00Bearish
- 00:04Weak bearish
- 00:48Bearish
- 00:56Weak bullish
- 02:00Neutral
- 02:59Weak bullish
- 03:23Weak bearish
- 03:27Neutral
- 03:40Bullish
- 03:48Neutral
- 03:56Bearish
- 04:12Neutral
- 04:20Bullish
- 04:36Bearish
- 05:32Neutral
- 05:40Weak bullish
- 05:44Bullish
- 06:28Weak bullish
- 06:52Neutral
- 07:00Bullish
- 07:12Neutral
- 07:49Bearish
- 07:57Bullish
- 08:09Weak bullish
- 08:13Bullish
- 08:49Neutral
- 09:01Bearish
- 09:29Weak bullish
- 09:33Neutral
- 09:37Bearish
- 10:33Bullish
- 11:38Bearish
- 11:46Bullish
- 12:06Bearish
- 12:14Bullish
- 12:22Bearish
- 12:42Bullish
- 13:30Bearish
- 14:42Neutral
- 15:11Bearish
- 15:19Weak bearish
- 15:47Bearish
- 16:27Weak bearish
- 16:51Bearish
- 17:50Bullish
- 22:14Weak bullish
- 23:39Bearish
- 23:43Weak bearish
- 23:51Neutral
- 23:59Bearish
Headlines (17)
First seen on August 4
- CNBC Daily Open: Fast and furious intervention to prop up the yen — will it work?CNBC
- Bessent’s yen intervention signals new era of US ‘currency activism’Financial Times
- A Currency Trader at Heart, Bessent Bets on Japan’s YenThe New York Times
- FX option expiries for 4 August 10am New York cutInvestingLive
- The FX Trader: Coordinated JPY intervention changes the playing field.home.saxo
- Only the Bank of Japan Can Arrest the Yen’s DeclineThe Wall Street Journal
- Five Charts That Show Why the U.S. and Japan Teamed Up to Buy YenThe Wall Street Journal
- US Treasury Secretary Bessent's remarks to CNBC might be hinting to an imminent BoJ rate hikeInvestingLive
- Fed's Paulson: For me, the vote was not a close callInvestingLive
- Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US TreasuriesCryptoSlate
Carried over from earlier days
- Yen Weakens Slightly on Likely Technical CorrectionThe Wall Street Journal
- Stock Market Today: Return to Diplomacy Brings Reprieve for Oil PricesThe Wall Street Journal
- Yen hits three-month high after Trump helps prop up currencyThe Guardian
- Forex Today: Oil collapses on Iran talks, Yen holds gainsFXStreet
- Investors Remain Skeptical About the Yen After U.S. InterventionThe Wall Street Journal
- Australian Dollar slides to 0.70 as US ISM PMI, revives the US DollarFXStreet
- Iran rejects any second corridor through Strait of HormuzFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, August 4 | ||
| 10-y Bond Auction | JPY | |
| Trade Balance | -73.0B | USD |
| Factory Orders m/m | 0.2% | USD |
| JOLTS Job Openings | 7.44M | USD |
| RCM/TIPP Economic Optimism | 47.5 | USD |
| API Weekly Statistical Bulletin | USD | |
| Average Cash Earnings y/y | 3.4% | JPY |
| Monetary Policy Meeting Minutes | JPY | |