Today’s Market Outlook USD/JPY Recovers Most of Its Post-Jobs-Report Decline; U.S. CPI Is the Next Focus

Today’s Market Outlook USD/JPY Recovers Most of Its Post-Jobs-Report Decline; U.S. CPI Is the Next Focus ■ Market Overview In the Tokyo and Asian sessions at the start of the week, USD/JPY rose from the upper 157 range to the low 158 range, recovering most of the decline triggered by last week’s weak U.S. employment […]
Today’s Market Outlook US Jobs Report in Focus: Will It Strengthen Expectations for a September Rate Hike?

Today’s Market Outlook US Jobs Report in Focus: Will It Strengthen Expectations for a September Rate Hike? ■ Market Overview The biggest event of the weekend is the release of the US July employment report. Together with next week’s US CPI release, this employment report is being closely watched as a key factor that could […]
Today’s Market Outlook Quiet Trading Ahead of Tomorrow’s US Jobs Report

Today’s Market Outlook Quiet Trading Ahead of Tomorrow’s US Jobs Report ■ Market Overview The FX market is generally calm today. Following last week’s coordinated US-Japan intervention, USD/JPY underwent a substantial adjustment toward yen strength, falling from the 163 range into the 155 range. Although it recovered into the 157 range at the start of […]
Today’s Market Outlook USD/JPY Battles Around 157 as Equity-Driven Yen Selling Meets Coordinated Intervention Concerns

Today’s Market Outlook USD/JPY Battles Around 157 as Equity-Driven Yen Selling Meets Coordinated Intervention Concerns ■ Market Overview USD/JPY plunged to the low-155 range following last week’s coordinated US-Japan intervention, but it has since been bought back toward 158 this week. Trading is currently centered in the 157 range, with post-intervention yen-buying pressure competing against […]
Today’s Market Outlook Post-Intervention Yen Strength Fades as Focus Shifts to the Next Intervention Level and U.S. JOLTS Data

Today’s Market Outlook Post-Intervention Yen Strength Fades as Focus Shifts to the Next Intervention Level and U.S. JOLTS Data ■ Market Overview Coordinated U.S.–Japan intervention was carried out on July 30 and 31, while another round of yen buying resembling official intervention was observed yesterday. However, the direct impact of the yen-buying operations is gradually […]
Today’s Market Outlook Coordinated U.S.–Japan Intervention Changes the Market Regime as Traders Search for the Next Intervention Level
Today’s Market Outlook Coordinated U.S.–Japan Intervention Changes the Market Regime as Traders Search for the Next Intervention Level ■ Market Overview U.S. and Japanese authorities have confirmed that they conducted coordinated yen-buying intervention following the sharp appreciation of the yen late last week. Yen-buying pressure has continued today, with USD/JPY struggling to recover above the […]
FOMC Results | July 30, 2026

FOMC Results | July 30, 2026 ■ FOMC Decision The Federal Reserve announced its policy decision at 3:00 a.m. JST, leaving the federal funds rate unchanged at 3.75%, in line with market expectations. The decision passed by a 9–3 vote. The policy statement acknowledged that inflation remains elevated and continues to reflect, in part, the […]
Today’s Market Outlook All Eyes on the FOMC: Will the Stagnant Dollar Market Finally Break into Motion?

Today’s Market Outlook All Eyes on the FOMC: Will the Stagnant Dollar Market Finally Break into Motion? ■ Market Overview The Federal Open Market Committee meeting is today’s most important market event. Although the base-case scenario is for the Federal Reserve to leave interest rates unchanged, markets are still assigning a meaningful probability to another […]
Today’s Market Outlook FX Markets Remain Cautious Ahead of U.S. and Japanese Policy Meetings as Equity Volatility Stays Elevated

Today’s Market Outlook FX Markets Remain Cautious Ahead of U.S. and Japanese Policy Meetings as Equity Volatility Stays Elevated ■ Market Overview The sharp decline in equities was the most notable feature of the Tokyo session. Following the previous session’s sell-off in U.S. semiconductor and AI-related shares, two of South Korea’s largest semiconductor stocks fell […]
Today’s Market Outlook Dollar Selling Dominates as Middle East Risks Ease, but Equity-Market Volatility Remains a Concern

Today’s Market Outlook Dollar Selling Dominates as Middle East Risks Ease, but Equity-Market Volatility Remains a Concern ■ Market Overview The new trading week has begun with the U.S. dollar under selling pressure as tensions in the Middle East show signs of easing. Over the weekend, both the United States and Iran confirmed that attacks […]