USD/JPY traded near the top of its early range on October 8, 2026. Learn why US yields and the yen are linked, how traders read a range top, and what yields do not tell you.

Thursday, October 8, 2026 was a Fedspeak day: Kashkari was scheduled at 10:40 a.m. ET and Musalem for about 1:40 p.m. ET. Use a before, during, and after plan for scheduled Fed speakers.

On October 8, 2026, Fed Governor Christopher Waller said he anticipates additional rate hikes if the data come in as expected, with flexibility on timing. Learn how traders read Fed policy path comments and what they can mean for the dollar.

The September FOMC minutes came out October 7, 2026, at 2:00 p.m. ET. Review the dollar’s reaction: plan vs. reaction, first move vs. follow-through, journal.

BoJ hike talk is building, yet USD/JPY stays elevated. Learn why rate differentials still matter: the size of the gap, the pace of change, and the US side.