The morning USD/JPY forecast puts the pair in a ¥158.6–¥160.2 range, with attention focused on Fed Chair Warsh's speech at Jackson Hole. If the speech provides an interest-rate outlook, USD/JPY could move to test ¥160.
The morning USD/JPY forecast range is ¥158.600 to ¥160.200, while the previous day's close rose modestly to around ¥159.52. Factors behind yen selling included the lack of references to Bank of Japan personnel changes and rising long-term yields. Ahead of Fed Chair Warsh's speech, the market was said to have remained with upside capped.
The day's main focus is Fed Chair Warsh's speech at Jackson Hole, with attention on whether he will provide guidance on the future direction of monetary policy and forward guidance. The market puts the probability of a September rate hike at around 40%. If the chair provides clues pointing to an early rate hike, dollar buying could accelerate and USD/JPY could move to test ¥160.
The latest USD/JPY charts and reports are available on related pages of 外為どっとコム, while future movements are expected to depend on the content of Fed Chair Warsh's remarks and the market's interest-rate outlook. The article includes links to the company's Today article and Market Guide, described as highly timely sources of information.
Information on the article by Nakamura Tsutomu (中村 勉), along with its publication date, is provided at the beginning of the article. The data is stated to be as of 7:40 a.m. on 28 August 2026.