USD/JPY bias held neutral on August 15, 2026
USD/JPY has been driven by contrasting forces: US dollar strength from resilient markets versus ongoing yen weakness that Japan has struggled to address. Reports of a possible Bank of Japan rate hike and threats of intervention have kept traders cautious, while political pressure suggests any policy tightening faces obstacles. The pair remains in a corrective recovery amid these conflicting signals.
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 (14)
First seen on August 15
- Traders are spoiling for a fight over the yenFinancial Times
Carried over from earlier days
- 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
- US Dollar: Yield support erodes on weaker inflation – DBSFXStreet
- 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
- Yen intervention could come again at any yen level, ex-official FurusawaInvestingLive
- BOJ reportedly set for a September rate hike, eyes faster pace of tighteningInvestingLive
- USD/JPY Continues Higher Within Corrective RecoveryInvesting.com
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 16 | ||
| Prelim GDP Price Index y/y | 2.3% | JPY |
| Prelim GDP q/q | 0.5% | JPY |
| Monday, August 17 | ||
| Tertiary Industry Activity m/m | -0.9% | JPY |
| Revised Industrial Production m/m | 1.3% | JPY |
| Empire State Manufacturing Index | 10.6 | USD |
| NAHB Housing Market Index | 33 | USD |
| TIC Long-Term Purchases | 151.4B | USD |
| Tuesday, August 18 | ||
| ADP Weekly Employment Change | USD | |