USD/JPY bias flipped 22 times to neutral on September 18, 2026
The Bank of Japan raised its benchmark interest rate to its highest level in about three decades and signaled more increases could follow. The yen weakened after the decision, with coverage pointing to two dissenting votes and a dovish reading of the hike, while Japanese stocks rose and government bond yields fell. Reports also noted that Japan conducted an FX rate check, keeping focus on the official response to yen moves.
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
- 00:00Weak bullish
- 01:06Neutral
- 02:56Bullish
- 04:01Bearish
- 04:36Bullish
- 06:16Neutral
- 06:36Bullish
- 06:56Bearish
- 07:11Neutral
- 07:31Bullish
- 07:56Neutral
- 08:11Bullish
- 08:31Bearish
- 09:56Weak bullish
- 10:12Bullish
- 16:17Neutral
- 16:32Weak bearish
- 16:47Neutral
- 17:12Bearish
- 17:27Bullish
- 17:57Bearish
- 19:07Bullish
- 21:42Neutral
Headlines (21)
First seen on September 18
- Japan raises interest rate to new 31-year high to curb rising pricesbbc.co.uk
- Yen weakens on BoJ hike as two dissents temper hawkish read Alt headlines:InvestingLive
- The Bank of Japan lifted its benchmark interest rate to its highest level in 30 years and signaled more increases are on the way, a policy shift with the potential for big ripples far beyond Japan’s shoresThe Wall Street Journal
- USD/JPY jumps to 157 after BOJ rate hike as dovish dissents weigh on yenInvestingLive
- USD/JPY Jumps as Back-to-Back BoJ Hike Risk Fades—Can Momentum Carry It Back to 160?ActionForex
- Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business liveThe Guardian
- Sunrise Market CommentaryActionForex
- Why Japanese stocks rose as government bond yields and the yen fell after rate hikeCNBC
- USD/JPY Price Forecast: Yen plummets after BoJ’s policy outcomeFXStreet
- investingLive European session wrap: Yen slides after BOJ hike as markets stay on edgeInvestingLive
- The NA Morning TGIF Kickstart Video: USDJPY surges as the BOJ hike disappoints yen buyersInvestingLive
- Japan conducted an FX rate check earlier - reportInvestingLive
- Japanese Yen: Dovish BoJ hike weighs on yen – ScotiabankFXStreet
Carried over from earlier days
- Bank of Japan, Fed Rate Hikes Expected Same Week: Will Yen Rally?BeInCrypto
- The full statement from the Federal Reserve Board for September 2026InvestingLive
- The Federal Reserve raises rates on the Dow Jones' 30 corporate borrowersFXStreet
- Chart alert: USD/JPY tests 156.13/50 resistance as hawkish Fed raises the bar for BoJmarketpulse.com
- 1.25%: Why the Bank of Japan hike is a done deal and the Japanese Yen now hinges on Ueda's guidanceFXStreet
- Economic and event calendar in Asia Friday, September 18, 2026 - BoJ and RBAInvestingLive
- Preview: BoJ set to hike rates today, focus turns to pace and yen reactionInvestingLive
- Bank of Japan is expected to deliver a hawkish hike, pressured by rising inflationFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, September 18 | ||
| BOJ Policy Rate | <1.25% | JPY |
| Monetary Policy Statement | JPY | |
| BOJ Press Conference | JPY | |
| Industrial Production m/m | 0.3% | USD |
| Capacity Utilization Rate | 76.4% | USD |
| FOMC Member Bowman Speaks | USD | |
| CB Leading Index m/m | 0.1% | USD |
| FOMC Member Schmid Speaks | USD | |