USD/JPY bias flipped 17 times to neutral on August 14, 2026
Japan's intervention to support the yen has been partially reversed, with the currency giving back gains as carry trade demand rebuilds and US yields remain elevated. Headlines suggest the intervention is struggling to stem the yen's decline, as USD/JPY tests intervention lines. This underscores the persistent pressure on the yen from interest rate differentials between Japan and the US.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 17 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
- 00:00Weak bullish
- 00:12Bearish
- 00:44Neutral
- 04:46Bullish
- 05:22Bearish
- 05:38Neutral
- 06:02Bearish
- 06:42Bullish
- 06:46Neutral
- 06:51Weak bearish
- 07:15Neutral
- 12:22Weak bearish
- 12:38Bearish
- 12:46Neutral
- 13:38Bearish
- 14:06Neutral
- 14:34Bearish
- 14:46Neutral
Headlines (14)
First seen on August 14
- US stocks hit records (again...), but oil and earnings risks are growing. What can you trade?InvestingLive
- Why Japan Is Struggling to Stop the Yen’s DeclineThe New York Times
- investingLive Americas FX news wrap 14 Aug: Stocks finish mixed as yields rise and the dollar fallsInvestingLive
Carried over from earlier days
- What are the main events for today?InvestingLive
- British Pound advances to two-week high as rate gap and fiscal woes undermine YenFXStreet
- What is the distribution of forecasts for the US CPI?InvestingLive
- The Japanese Yen gives back half of what Tokyo boughtFXStreet
- The FX Trader: Long US yields keep the dollar and carry trades alive.home.saxo
- USD/JPY in Positive Territory: Yen Gives Back Intervention GainsInvesting.com
- When Japan buys yen, it unwinds a dangerous tradeeconomist.com
- Japanese Yen: BoJ hike expectations support JPY against US Dollar - MUFGFXStreet
- Its the 'what'd I miss?' post! Oil falls despite Hormuz chaos, S&P 500 record highInvestingLive
- USD/JPY Tests Japan’s Intervention Line as Carry Demand RebuildsInvesting.com
- The Guardian view on Japan’s yen: Trump wants to keep the easy-money machine running | EditorialThe Guardian
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 14 | ||
| Retail Sales m/m | 0.1% | USD |
| Core Retail Sales m/m | 0.2% | USD |
| Business Inventories m/m | 0.2% | USD |
| Prelim UoM Consumer Sentiment | 54.7 | USD |
| Prelim UoM Inflation Expectations | USD | |
| President Trump Speaks | USD | |
| Fed Monetary Policy Report | USD | |
| Sunday, August 16 | ||
| Prelim GDP Price Index y/y | 2.3% | JPY |