{
  "id": 5501837,
  "title": "Japanese Yen retreats from August highs as USD bears turn cautious ahead of US NFP",
  "url": "https://urgent.news/2026/09/04/japanese-yen-retreats-from-august-highs-as-usd-bears-turn-cautious",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T05:29:07.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-retreats-from-august-highs-as-usd-bears-turn-cautious-ahead-of-us-nfp-202609040529"
  },
  "original_language": "en",
  "account": "The USD/JPY exchange rate slipped from peak levels seen in August, struggling to regain momentum even as the US Dollar remains in focus ahead of the crucial Nonfarm Payrolls (NFP) data. Traders exhibited caution, partly due to the Fed Governor Christopher Waller's optimistic remarks on inflation easing, which kept US bond yields on a downward trajectory. This could potentially curtail the upside for the USD/JPY pair. Despite a brief recovery in the Asian session, bulls are advised to wait for a robust follow-through before considering further gains. The USD/JPY pair is currently trading near the 23.6% Fibonacci retracement level of its recent weekly decline and is underpinned by a hawkish stance from the Bank of Japan on potential rate hikes. The MACD histogram is showing a positive turn, and the Relative Strength Index (RSI) is inching towards the mid-40s, suggesting a potential easing of downside pressure. However, a break below the key support level around 155.30-155.20 would indicate a more significant downside.",
  "summary": "The USD/JPY pair stages a modest intraday recovery from the vicinity of the August monthly low and climbs back to the 156.50 area during the Asian session on Friday. Spot prices, for now, seem to have snapped a two-day losing streak, though the upside potential seems limited.",
  "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."
}