USD/JPY bias held neutral on August 29, 2026
USDJPY has jumped above its 100-day moving average as a hawkish Fed Chair Warsh and higher U.S. bond yields boost the dollar, with rate expectations shifting accordingly. However, Japan's record $98.7 billion intervention to prop up the yen over the past month underscores official efforts to counter sustained yen weakness. The pair's move reflects the tug-of-war between U.S. monetary policy signals and Japanese intervention.
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 (12)
Carried over from earlier days
- Japanese Yen edges higher as USD bulls seem hesitant amid Hormuz optimismFXStreet
- Sticky Core PCE and Steady GDP Keep Fed Tightening Hopes Alivebabypips.com
- US Dollar Edges HigherInvesting.com
- Kickstart the NA session with a technical look at the EURUSD, USDJPY and GBPUSD: Key levels in playInvestingLive
- FX Daily: Keeping an eye on the long endING Think
- How have interest rate expectations changed after this week's events?InvestingLive
- Japan Spent Record $98.7 Billion to Prop Up Yen in Past MonthThe Wall Street Journal
- How will Warsh influence the technicals for USD vs some of the major currenciesInvestingLive
- The USD has moved higher on more hawkish Fed Chair WarshInvestingLive
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 30 | ||
| Prelim Industrial Production m/m | -0.7% | JPY |
| Retail Sales y/y | 3.2% | JPY |
| Monday, August 31 | ||
| Housing Starts y/y | 7.5% | JPY |
| Capital Spending q/y | -0.2% | JPY |
| Tuesday, September 1 | ||
| Final Manufacturing PMI | 55.1 | JPY |
| 10-y Bond Auction | JPY | |
| Consumer Confidence | 35.3 | JPY |
| FOMC Member Barr Speaks | USD | |