Fundamental Market Analysis for September 11, 2026 USDJPY
Event to watch today:
15:30 EET. USD - Consumer Price Index
USDJPY:
A month without swaps on majors!
The yen is receiving fundamental support from fresh data on Japan. Wholesale inflation in August rose by 7.6% year-on-year and exceeded market expectations, strengthening the case for the Bank of Japan to raise rates at its meeting next week. The limit on USDJPY growth remains authorities' attention to the currency market and their willingness to support its orderly functioning.
However, in the current session, the American side of the pair remains the stronger factor. Yields on US ten-year bonds have approached 5%, and the market estimates the probability of a Fed rate hike next week at approximately 70%.
Trading idea: BUY 154.60, SL 154.10, TP 155.65
