USD/JPY bias held neutral on August 16, 2026
USD/JPY is drawing attention as traders focus on potential yen movements, while the Federal Reserve's rate path faces fresh uncertainty from AI-driven inflation risks. Morgan Stanley notes disinflation is underway but flags longer-term rate risks, keeping U.S.-Japan yield differentials in focus for the pair.
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 (19)
First seen on August 16
- Moscow says 600 drones targeted region overnightdw.com
- Ukraine launches one of its largest aerial attacks of the war, killing at least 6 people in RussiaABC News
- As Iran War Turns Into Economic Battle, a New U.S. Strategy Recalls Old OnesThe New York Times
- Morgan Stanley says disinflation is here, but risks to 2027 rate outlook remainHellenic Shipping News
Carried over from earlier days
- Is the US Dollar Doomed or is a Correction Looming?ActionForex
- investingLive Asia-Pacific Market news: Oil edges up, small moveInvestingLive
- 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
- Retail sales slump in July. Cheaper gas and Amazon-Prime hangover are the chief culprits.MarketWatch
- Why Japan Is Struggling to Stop the Yen’s DeclineThe New York Times
- Federal Reserve: Labour strength supports further hikes – NordeaFXStreet
- US Dollar Weekly Forecast: Fed hawks circle, but weak data clips the Dollar’s wingsFXStreet
- The Dollar Index breaks on the fourth consecutive soft printFXStreet
- Japanese Yen holds as soft US data meets a weak YenFXStreet
- investingLive Americas FX news wrap 14 Aug: Stocks finish mixed as yields rise and the dollar fallsInvestingLive
- Traders are spoiling for a fight over the yenFinancial Times
- AI inflation is putting even more pressure on the Fed. Could higher interest rates be next?MarketWatch
- Nearly 1,750 drones targeted Moscow region over past week, city mayor saysTASS
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 16 | ||
| Prelim GDP q/q | 0.5% | JPY |
| Prelim GDP Price Index y/y | 2.3% | 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 | |