Thursday, October 15, 2026

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USD/JPY rises as strong ISM Services allay fears, lift USD

Strong ISM Non-manufacturing reinforces 120 base as Treasury yields rise Prices carom back toward 120.51 session high, but Q1 GDP drop a drag Need stocks to endure higher rates to reduce risk-off yen buying ISM bodes wel…

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

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  • Strong ISM Non-manufacturing reinforces 120 base as Treasury yields rise

  • Prices carom back toward 120.51 session high, but Q1 GDP drop a drag

  • Need stocks to endure higher rates to reduce risk-off yen buying

  • ISM bodes well for NFP with Employment index at 56.7 vs 56.6

  • ADP and Yellen speaking on Wed are next fundamental event risks

  • Greek Headlines hitting EUR/JPY now

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team