Thursday, October 15, 2026

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USD/JPY briefly up to 124.46, later sold on lower SEPs, Treasury yields

USD/JPY briefly spike to 124.46 before plunge into 123.00s on weaker Fed SEPs Market still heavy with recent surge in short yen specs at IMM; downside risk Fed's '15 GDP forecast 1.8%-2.0% v 2.3-2.7 last; Jobless rate 5.…

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

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  • USD/JPY briefly spike to 124.46 before plunge into 123.00s on weaker Fed SEPs

  • Market still heavy with recent surge in short yen specs at IMM; downside risk

  • Fed's '15 GDP forecast 1.8%-2.0% v 2.3-2.7 last; Jobless rate 5.2-5.3 v 5.0-5.2 last 

  • Sell stops below 123.30

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By FxWirePro Team