USD/JPY bias flipped 6 times to neutral on August 28, 2026
USDJPY jumped above its 100-day moving average after sticky core PCE and steady GDP data kept Fed tightening hopes alive, supporting the dollar. At the same time, the yen moved higher as dollar bulls showed hesitation amid Hormuz optimism, while rising bond yields from Fed and Warsh comments added to the pair's volatility. The pair remains sensitive to shifting rate expectations and risk sentiment.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 6 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
- 00:27Weak bullish
- 17:18Neutral
- 17:57Weak bullish
- 18:45Neutral
- 20:48Bullish
- 21:24Neutral
Headlines (13)
First seen on August 28
- FX Daily: Keeping an eye on the long endING Think
- How have interest rate expectations changed after this week's events?InvestingLive
- USDJPY jumps above its 100 day MA and makes a break for it.InvestingLive
- US Fed chair warns inflation progress insufficient, hints at rate hikesAl Jazeera
- U.S. Stocks Fall After Warsh Speech Boosts Bond YieldsThe Wall Street Journal
Carried over from earlier days
- Yen Returns to Its Fundamental Drivers. Forecast as of 26.08.2026LiteFinance
- Japanese Yen reverses earlier gains as US Dollar firms after PCE dataFXStreet
- Japanese Yen slips ahead of Tokyo CPIFXStreet
- Japanese Yen edges higher as USD bulls seem hesitant amid Hormuz optimismFXStreet
- Sticky Core PCE and Steady GDP Keep Fed Tightening Hopes Alivebabypips.com
- Yen weakness and rising inflation put pressure on the Bank of Japan for earlier tighteningFinancial Times
- US Dollar Edges HigherInvesting.com
- Kickstart the NA session with a technical look at the EURUSD, USDJPY and GBPUSD: Key levels in playInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 28 | ||
| FOMC Member Hammack Speaks | USD | |
| Chicago PMI | 57.9 | USD |
| Revised UoM Consumer Sentiment | 51.0 | USD |
| Revised UoM Inflation Expectations | USD | |
| Fed Chairman Warsh Speaks | USD | |
| Prelim Benchmark Payrolls Revision | USD | |
| Sunday, August 30 | ||
| Retail Sales y/y | 3.2% | JPY |
| Prelim Industrial Production m/m | -0.7% | JPY |