USD/JPY bias flipped 22 times to neutral on September 2, 2026
Trading in USDJPY is being driven by conflicting forces: speculation about Japanese intervention has briefly strengthened the yen, pushing USDJPY below key moving averages, but fundamental pressures from Japan's fiscal concerns and the wide US-Japan rate gap continue to weigh on the yen. The effectiveness of intervention is seen as waning, leaving the pair sensitive to headline-driven swings.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 22 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
- 00:37Bullish
- 01:33Neutral
- 01:48Weak bearish
- 03:28Weak bullish
- 03:48Bearish
- 04:19Weak bullish
- 05:44Weak bearish
- 06:34Bearish
- 07:19Weak bullish
- 07:34Bearish
- 08:04Neutral
- 11:15Bearish
- 11:50Neutral
- 12:05Weak bullish
- 12:20Weak bearish
- 12:36Weak bullish
- 12:51Weak bearish
- 13:26Neutral
- 15:27Bearish
- 16:02Neutral
- 17:52Weak bearish
- 18:07Neutral
Headlines (16)
First seen on September 2
- Japanese Yen drops to fresh low since late July vs USD on fiscal concerns and rate gapFXStreet
- BOJ policymaker Takata says need to consider a broad range of options on monetary policy responseInvestingLive
- Euro tumbles against Japanese Yen amid fears of another US-Japan joint interventionFXStreet
- Japanese Yen rebounds against US Dollar as intervention risks resurfaceFXStreet
- Japanese Yen hits one-week high against US Dollar on intervention speculationFXStreet
- USDJPY runs lower. Cracks below the 200 hour MA and 200 day MA and makes a "break for it"InvestingLive
- Intervention buys the Japanese Yen less ground every timeFXStreet
Carried over from earlier days
- Japanese Yen seems vulnerable near one-month low vs USD amid US-Japan rate gap, Iran risksFXStreet
- Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollarCoinDesk
- USDJPY Breaks 160 as Warsh Turns Up HeatActionForex
- Japanese Yen bulls seem hesitant amid fiscal woes, wide US-Japan rate gapFXStreet
- Japan’s benchmark bond yield hits 3% for first time since 1996Financial Times
- USD/JPY continues to test the waters at the 160 markInvestingLive
- British Pound edges higher as fiscal risks and rate gap weigh on YenFXStreet
- Japan's Failed Yen Intervention Leaves Bulls in Control. Forecast as of 01.09.2026LiteFinance
- USD moves to new highs vs most of the major currencies. What next for the major currency pairs?InvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, September 2 | ||
| ADP Non-Farm Employment Change | 47K | USD |
| Factory Orders m/m | 0.7% | USD |
| Crude Oil Inventories | -0.4M | USD |
| Beige Book | USD | |
| Thursday, September 3 | ||
| 30-y Bond Auction | JPY | |
| Challenger Job Cuts y/y | USD | |
| Revised Nonfarm Productivity q/q | 1.4% | USD |
| Revised Unit Labor Costs q/q | 1.3% | USD |