USD/JPY bias flipped 25 times to neutral on August 6, 2026
The USDJPY has been driven by U.S.-backed intervention, which is deemed unusual and unprecedented in its financing, while Bank of Japan minutes show members focused on upside inflation risks. This has helped the yen gather strength, with the pair trading near 157.50, and BofA has cut its year-end dollar/yen forecast to 149.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 25 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
- 02:13Weak bullish
- 02:33Bullish
- 02:41Bearish
- 03:57Neutral
- 04:55Bullish
- 06:36Bearish
- 06:40Neutral
- 07:52Bullish
- 08:56Neutral
- 09:00Weak bearish
- 09:08Neutral
- 13:25Bullish
- 14:37Neutral
- 15:13Bullish
- 16:26Neutral
- 17:26Bullish
- 19:02Neutral
- 19:54Weak bullish
- 20:54Neutral
- 21:06Weak bullish
- 21:15Neutral
- 22:03Bullish
- 22:51Weak bearish
- 23:39Bullish
- 23:43Neutral
Headlines (12)
First seen on August 6
- The joint U.S.-Japan support of the yen is unusual. The way it is being financed is unprecedented, writes WSJ’s @jmackin2The Wall Street Journal
- Japanese Yen gathers strength to near 157.50 on US-backed interventionFXStreet
- The USDJPY makes a break for it.InvestingLive
Carried over from earlier days
- Only the Bank of Japan Can Arrest the Yen’s DeclineThe 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
- BoJ Minutes: Members firmly focus on upside inflation riskFXStreet
- investingLive European markets wrap: Dollar subdued, gold climbs; US stocks eyed after record-breaking dayInvestingLive
- What the Stock Market’s Record Rally Has to Do With Rescuing the YenThe New York Times
- BofA cuts year end dollar/yen forecast to 149 after interventionInvestingLive
- Record intervention bought the Japanese Yen a return to mid-MayFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 6 | ||
| FOMC Member Daly Speaks | USD | |
| 30-y Bond Auction | JPY | |
| Challenger Job Cuts y/y | USD | |
| Prelim Nonfarm Productivity q/q | 0.6% | USD |
| Prelim Unit Labor Costs q/q | 2.2% | USD |
| Unemployment Claims | 203K | USD |
| Final Wholesale Inventories m/m | 0.3% | USD |
| Natural Gas Storage | 30B | USD |