{
  "id": 757825,
  "title": "USD/JPY Price Forecast: Capped below the 50% retracement of July’s plunge, at 159.50",
  "url": "https://urgent.news/2026/08/13/usd-jpy-price-forecast-capped-below-the-50-retracement-of-julys",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T10:57:30.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/usd-jpy-price-forecast-capped-below-the-50-retracement-of-julys-plunge-at-15950-202608131057"
  },
  "original_language": "en",
  "account": "The US Dollar (USD) holds a steady position against the Japanese Yen (JPY) on Thursday, as the expectations of a Federal Reserve interest rate increase in September have diminished. TD Securities analysts note that bulls are hindered by the 50% Fibonacci retracement of July's sell-off, currently at 159.50. While near-term inflation risks are still elevated, the Fed may be patient, indicating that the market has not yet recovered fully from the recent sell-off. The USD traded weaker as the Consumer Price Index (CPI) data released remained in line with expectations, maintaining a negative bias toward the Dollar. Technically, USD/JPY exhibits a bullish near-term bias, but momentum indicators indicate a fading upside. The 50% Fibonacci retracement acts as a cap on upward movements, preventing the pair from reaching the psychological 160.00 level and the July 31 high of 160.90. On the downside, the 38.2% retracement holds attempts, with key support levels at 157.30 (August 4 and 5 lows) and 157.28 (23.6% retracement).",
  "summary": "The US Dollar (USD) remains practically flat against the Japanese Yen (JPY) on Thursday, as fading hopes of a Federal Reserve (Fed) interest rate hike in September have undermined speculative demand for the Greenback.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "WTI Price Forecast: Prolonged energy supply concerns remain key tailwind",
        "url": "https://urgent.news/2026/08/13/wti-price-forecast-prolonged-energy-supply-concerns-remain-key",
        "published": "2026-08-13T07:36:47.000Z"
      }
    ]
  },
  "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."
}