Dollar-Yen Pair Eyes 160 Threshold Amid Crude Oil Price Surge

The dollar-yen pair is expected to potentially rise to levels where the 160 threshold comes into focus, according to Gaitame.com Research Institute. The institute will be hosting a live trading session on YouTube starting at 5:00 PM JST on August 18, 2026, focusing on dollar-yen trading during the early European session.

Rising crude oil prices are driving dollar buying and yen selling in the foreign exchange market. This trend is significant for Japan's trade balance, as higher crude oil prices worsen the country's trade balance due to its energy-importing status. At the same time, higher oil prices boost dollar demand since crude oil transactions are denominated in dollars.

The previous day's broadcast on August 17 addressed the theme of '80% odds priced in for a September BOJ rate hike.' However, yen-selling pressure from rising crude oil prices is offsetting the effect of rate hike expectations. Gaitame.com Research Institute will be explaining specific trading techniques and incorporating the latest FX charts and economic indicator calendars into their program.