Yen Fights Back Against Dollar Dominance. Forecast as of 15.10.2026

A US dollar sell-off, fueled by falling Treasury yields, verbal intervention from the US Treasury, and the BoJ's reluctance to take an overly cautious approach to monetary tightening, has sent the USD/JPY tumbling. Will the decline continue? Let's break down the key drivers and develop a trading plan.Major Takeaways The US dollar weakened as expectations of a rate hike increased. Verbal intervention helped support the yen. BoJ hawks are calling for an end to the central bank's cautious appr