Friday, October 16, 2026

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USD/JPY 118.60 low caroms off up TrendLine on steady FOMC view

USD pops with Treasury yields as Fed basically maintained its policy view USD longs already pruned heavily pre/post today's US GDP USD/JPY bounces off up TrendLine from Mar-Apr lows BOJ tonight seen steady as well; Golde…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD pops with Treasury yields as Fed basically maintained its policy view

  • USD longs already pruned heavily pre/post today's US GDP

  • USD/JPY bounces off up TrendLine from Mar-Apr lows

  • BOJ tonight seen steady as well; Golden week/mo-end sap interest

  • Offers noted 119.30-50; bids 118.50

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By FxWirePro Team