The focus of the morning USD/JPY forecast is whether expectations for a rate hike will resurface ahead of the release of the FOMC minutes, with the key point being whether the pair can break above the 200-day moving average.
The morning forecast range for USD/JPY was given as ¥157.400 to ¥158.800, and the analysis by Gaitame.com Research Institute was dated 7 October 2026. The previous day’s daily rate rose about 0.1% on a closing-price basis, reaching around ¥158.25.
A key factor is a shift in views on a rate hike by the US Federal Reserve, with the focus on whether rate-hike expectations will resurface ahead of the release of the September FOMC minutes. The minutes could affect the rates market’s pricing, depending on their content.
The key focus is the 200-day moving average, and the analysis indicated that the critical point was whether the pair could break above around ¥158.53. Momentum in USD/JPY could be affected by the BOJ’s policy stance and developments in US economic indicators.
Today’s report is based on a Gaitame.com report and provides URLs for related market information and updated charts. It avoids language urging investment decisions and instead directs readers to review the charts and outlook-related factors.