Currencies

Currencies is a data page on the Macro desk of Glassbox Auditing. USD/JPY beside the gap between US and Japanese 10-year yields, month by month, and the CFTC's yen futures positioning by week. The full board of the dollar against 22 currencies is on World Powers -> Central Banks. The dollar is the price of every import and every foreign sale, so its moves reach company revenue, commodity prices and other countries' debts.

Last updated: 29 Sep 2026.

What is the latest reading?

USD/JPY, monthly average (yen per dollar): 156 as of 1 Sep 2026, +22.8% since Jan 1989. Source: Federal Reserve H.10, foreign exchange rates (daily noon buying rates), via FRED; broad dollar index DTWEXBGS; OECD 10-year government bond yields (IRLTLT01USM156N, IRLTLT01JPM156N) via FRED, FRED (Federal Reserve Bank of St. Louis).

What is on this page today?

The dollar bought 156.4 yen on average in September 2026, 5.8% more than 12 months earlier — 147.9 yen 12 months earlier · Monthly average of the Federal Reserve's daily noon rates, for months where the yields are also published (Federal Reserve (H.10 exchange rates) and OECD (10-year government bond yields), via FRED, 29 Sep 2026)
The US 10-year yield was 1.94 points above Japan's in September 2026, down 0.53 points from 12 months earlier — US 4.12% and Japan 1.65% 12 months earlier · OECD monthly yields, which reach FRED about a month after the month ends (Federal Reserve (H.10 exchange rates) and OECD (10-year government bond yields), via FRED, 29 Sep 2026)

Where does the data come from?

Items on this page come from Federal Reserve (H.10 exchange rates) and OECD (10-year government bond yields), via FRED. Each item links to its own source. All sources, how items are checked.

What does this page lead to?

Central Banks (World Powers): A stronger dollar against the yen raises Japan's local cost of dollar debts and imported fuel, which presses the Bank of Japan to weigh a weaker yen against its rate decisions. (either way, depending on the cause; weeks to months; global scale) Source: Federal Reserve H.10, foreign exchange rates (daily noon buying rates), via FRED; broad dollar index DTWEXBGS; OECD 10-year government bond yields (IRLTLT01USM156N, IRLTLT01JPM156N) via FRED.

What feeds this page?

All Indicators (Macro): The federal funds rate and the Treasury yields on the board set the US side of the rate gap; a wider gap over Japan tends to go with a stronger dollar against the yen. (moves the same way; days to months; economy scale) Source: FRED (Federal Reserve Bank of St. Louis).