USD/JPY bias flipped 9 times to bearish on August 21, 2026
USDJPY is caught between a recovering US dollar and elevated oil prices, which weigh on the yen, and Japanese inflation data that strengthens the case for a BoJ rate hike and lends the yen support. Meanwhile, reports of dollar-yen intervention by Washington and signs that those rescue efforts are losing steam add another layer of uncertainty, while a weaker dollar overall has also influenced the pair.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 00:10Weak bullish
- 00:43Weak bearish
- 00:59Neutral
- 02:25Bearish
- 03:32Neutral
- 04:04Weak bearish
- 05:00Bearish
- 20:04Neutral
- 20:40Bearish
Headlines (15)
First seen on August 21
- BOJ seen hiking to 1.25% in September as Japan inflation pressures broadenInvestingLive
- Japanese inflation rises as central bank weighs rate increaseFinancial Times
- Kickstart the North American session: The USD is lower vs the 3 major currency pairs.InvestingLive
- Dollar falls alongside bond yields in final stretch of the weekInvestingLive
- investingLive European markets wrap: Gold runs higher, dollar stays under pressureInvestingLive
- Japanese Yen strengthens against US Dollar as inflation backs BoJ rate hike betsFXStreet
- The Japanese Yen’s historic rescue is running out of steamFXStreet
Carried over from earlier days
- Washington bought the Japanese Yen again without meaning toFXStreet
- Asia FX steadies after sharp gains, dollar near 3-mth low as bond selloff coolsInvesting.com
- Video shows Russian missile strike on Ukrainian capitalAl Jazeera
- investingLive European markets wrap: Dollar, yields recover some poise; Walmart shares slide after earningsInvestingLive
- British Pound gains as Japanese Yen struggles despite hawkish BoJ outlookFXStreet
- Japanese Yen underperforms as elevated Oil prices weigh, US Dollar recoversFXStreet
- Japanese Yen slips as firmer yields lift US Dollar ahead of global PMIsFXStreet
- Japan Inflation Picks Up as Rate-Boost Bets FirmThe Wall Street Journal
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 21 | ||
| Flash Manufacturing PMI | 55.1 | JPY |
| Flash Services PMI | 54.0 | USD |
| Flash Manufacturing PMI | 53.9 | USD |
| President Trump Speaks | USD | |
| Monday, August 24 | ||
| Treasury Sec Bessent Speaks | USD | |
| Tuesday, August 25 | ||
| BOJ Core CPI y/y | 1.4% | JPY |
| ADP Weekly Employment Change | USD | |
| S&P/CS Composite-20 HPI y/y | 1.9% | USD |