USD/JPY bias flipped 5 times to bullish on August 24, 2026
USD/JPY remains near 159, with recent intervention failing to reverse yen weakness. A former BOJ board member suggests the central bank may hike rates next month and again in January, a development that traders are watching. The broader forex market is also moving into a 'debasement trade,' reflecting changes in how currencies are being valued.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 5 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
- 19:37Bullish
- 19:53Weak bullish
- 20:55Neutral
- 23:11Weak bullish
- 23:28Bullish
Headlines (17)
First seen on August 24
- Gold and Bitcoin Surge as U.S. Bond Buybacks Surprise MarketsActionForex
- Analysts’ views: forecasters continue to see Fed and Bank of England on hold this yearFinancial Times
- Market outlook for the week of 24th-28th AugustInvestingLive
- USD/JPY Weekly Outlook: Bessent, Warsh and a Very Confused CurveInvesting.com
- The Forex Market Is Switching to a ‘Debasement Trade’ActionForex
- USD Weakness: Is It Here To Stay? Forex Trade Setups This WeekInvesting.com
- Kickstart the FX Trading Day for August 24: Key technical levels for EURUSD, USDJPY and GBPUSDInvestingLive
- Treasury market interventions are only a band-aidFinancial Times
- USDJPY tests the 200-hour MA as buyers probe higherInvestingLive
- USD/JPY Near 159 Shows Intervention Has Failed to Reverse Yen WeaknessInvesting.com
- BOJ likely to hike next month and again in January, says ex-board memberInvestingLive
Carried over from earlier days
- Breaking down the U.S.-Japan “currency alliance”Investing.com
- U.S. envoy: Israel risked confrontation with Turkey by 'baiting' Ankarahaaretz.com
- Russian attacks on Ukraine kill 2 people a day after deadly shopping mall drone strikeABC News
- CFTC Report: Oil positioning rebounds; VIX and Yen exposure turn more bearishFXStreet
- Putin warns Ukraine has opened ‘Pandora’s box’, rejects peace proposalsAl Jazeera
- Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather StewartThe Guardian
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| 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 | 1.8% | USD |
| HPI m/m | 0.2% | USD |
| CB Consumer Confidence | 90.3 | USD |
| Richmond Manufacturing Index | 6 | USD |
| New Home Sales | 620K | USD |