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Japanese Yen Forecast: USD/JPY Consolidation Masks Rising Intervention Risks

With headlines out of the Middle East seemingly trending in the right direction (for today at least!), traders are refocusing on more traditional market drivers like economic data and policy decisions.
Date: 16.04.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.178160 -0.15086%
GBPUSD 1.353040 -0.19915%
USDJPY 159.130000 +0.11702%
XAUUSD 4795.655000 +0.098415%
USDCAD 1.370240 -0.27728%
NZDUSD 0.588990 -0.33673%
USDCHF 0.783290 +0.21494%
AUDUSD 0.716190 -0.10322%
EURGBP 0.870710 +0.10462%
EURJPY 187.481000 -0.023464%
GBPJPY 215.304000 -0.084924%
AUDJPY 113.962000 +0.041259%
CADJPY 116.139000 +0.39245%
CHFJPY 203.146000 -0.088528%
NZDJPY 93.709000 -0.18108%
GBPCHF 1.059790 -0.008492%
EURCHF 0.922830 +0.059635%
USDMXN 17.252100 +0.058574%
USDZAR 16.402900 +0.20098%
USDTRY 44.748900 -0.006704%
USDRUB 76.340000 +0.46059%
USDSEK 9.189800 +0.4431%
USDCNY 6.820300 +0.041071%

Upcoming Important Events

Time Country Event Forecast Previous
17.04.2026
23:30 🇯🇵 Inflation Rate YoY (Mar) 1.5 1.3
19.04.2026
23:50 🇯🇵 Balance of Trade (Mar) 470 57.3
20.04.2026
12:30 🇨🇦 CPI YoY (Mar) 2.8 2.3
12:30 🇨🇦 Inflation Rate YoY (Mar) 2.5 1.8
13:45 🇨🇦 BoC Interest Rate Decision 2.25
23:50 🇯🇵 Balance of Trade (Mar) 470 57.3
21.04.2026
06:00 🇬🇧 Employment Change (Feb) -35 84
06:00 🇬🇧 Unemployment Rate (Feb) 5.3 5.2
09:00 🇩🇪 ZEW Economic Sentiment Index (Apr) -10 -0.5
12:30 🇺🇸 Retail Sales Ex Autos MoM (Mar) 0.3 0.5