{
  "id": 5320384,
  "title": "Japanese Yen: BoJ meeting to decide JPY path – Commerzbank",
  "url": "https://urgent.news/2026/09/03/japanese-yen-boj-meeting-to-decide-jpy-path-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T11:50:07.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-boj-meeting-to-decide-jpy-path-commerzbank-202609031150"
  },
  "original_language": "en",
  "account": "Commerzbank's Michael Pfister reports a resurgence in the yen's weakness, with USD/JPY repeatedly breaching 160 even after record FX interventions. He attributes this to expectations of Bank of Japan rate hikes rather than direct interventions, as hawkish comments have recently increased speculation. Despite coordinated interventions following the last Fed meeting, they only momentarily delayed the upward trend in USD-JPY. The yen has since slipped below 158 once again, marking a win for the currency in the forex market. Recent remarks from the US Treasury Secretary and a BoJ hawk fueling the anticipation of multiple rate hikes have further bolstered the yen's appeal. However, if the BoJ fails to raise rates in the forthcoming meeting, the yen is expected to weaken once more. The upcoming meeting, just two weeks away, will be critical in determining the yen's fate. Meanwhile, USD/JPY faces selling pressure and tests 156.00 in the second half of the day on Thursday, with hawkish BoJ expectations and intervention risks continuing to support the yen.",
  "summary": "Commerzbank’s Michael Pfister highlights renewed weakness in the Japanese Yen as USD/JPY repeatedly breaks above 160 despite record FX interventions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}