USD/JPY bias held neutral on September 5, 2026
USDJPY is being driven by a strong US jobs report that reinforces September rate hike expectations, but the pair is also unwinding sharply due to suspected official intervention and conflicting signals on the Fed's path. Despite upbeat payrolls data, the dollar is retreating as intervention-related flows and doubts about the rate hike outlook collide, keeping NFP outcomes at the forefront for the pair.
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 (14)
Carried over from earlier days
- The Yen Is Advancing on Three FrontsActionForex
- Yen soars as Bank of Japan tipped to raise interest ratesThe Guardian
- USD/JPY Slides Toward 155 as GPIF Speculation Fuels Yen RallyActionForex
- Bitcoin reclaims $80K as DXY falls amid continuing suspected yen interventionCointelegraph
- GBP/JPY Price Forecast: Intervention shock exposes 210.00FXStreet
- Dollar Squeezed on Two Fronts, Gold Rebounds Sharply From Critical Support Ahead of NFP CueActionForex
- Forex Today: US Dollar retreats on easing Fed rate hike bets, focus shifts to NFPFXStreet
- USD/JPY Unwind Accelerates as Suspected Intervention, Fed Hike Doubts CollideInvesting.com
- The Dollar Has Staked Its Fate on the NFPActionForex
- U.S. job growth smashes expectations in August, unemployment rate remains flatInvesting.com
- Hospitality and education boosts US job creation in Augustbbc.co.uk
- U.S. economy added many more jobs than expected in August. What Wall Street is sayingCNBC
- Strong August US payrolls report bolsters odds of September rate riseFinancial Times
- US jobs report beats all expectations, boosts case for a September hikeING Think
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Leading Indicators | 117.9% | JPY |
| Average Cash Earnings y/y | 3.9% | JPY |
| Final GDP q/q | 0.4% | JPY |
| Bank Lending y/y | 5.5% | JPY |
| Current Account | 2.46T | JPY |
| Final GDP Price Index y/y | 2.6% | JPY |
| Bank Holiday | USD | |
| Tuesday, September 8 | ||
| Economy Watchers Sentiment | 46.3 | JPY |