Gaitame.com’s morning forecast indicates that USD/JPY could move into the ¥156 range. The focus is on the BOJ’s next moves, with the risk of renewed yen weakness in view.
The report was prepared at 7:30 a.m. on 17 September 2026. The forecast range for USD/JPY is ¥155.500 to ¥157.000. Looking back at the previous day, the dollar rose broadly and USD/JPY temporarily climbed to around ¥156.42 after the U.S. FOMC signaled a rate hike rather than keeping rates unchanged.
Although the market was expected to have largely priced in a rate hike, some market participants believe the dollar’s reaction was stronger than anticipated. The unwinding of short-term positions may also have played a role, and the risk remains that the yen’s downward trend could resume depending on the BOJ’s monetary policy announcement.
The latest chart information and the full report are available as the Gaitame.com Report. The BOJ’s interest-rate policy will remain a key factor to watch for the future direction of USD/JPY.