ForexMedium•14 October 2026•
1 min read
Japanese Yen Volatility Spikes Following US Inflation Data
Key Facts
1The Japanese Yen dropped to a three-week low against the Dollar before recovering all its losses.
2The USD/JPY pair briefly rose toward 159.00 following hotter-than-expected US inflation data.
The Japanese Yen dropped to a three-week low against the Dollar before recovering all its losses. FXStreet reported that the USD/JPY pair briefly rose toward the 159.00 level following hotter-than-expected US inflation data.
The initial USD strength was driven by the firm CPI figures, but the move was erased as US Treasury yields pulled back and intervention fears persisted. Regarding Japanese economic indicators, household spending data released on October 8, 2026, showed a 3.1% year-on-year decline, performing slightly better than the forecast 3.6% contraction.