BearPaws

JPY

Japanese Yen
Bullish
Score
+3.66
1D %
-0.05%
1W %
-0.26%
1M %
-0.87%

Score blends a macro-fundamental component (rates, inflation, growth, employment) with price momentum over a weeks-to-months horizon. Positive = strengthening / inflationary pressure, negative = weakening.

Score History · JPY

90 pts · intrinsic
+3.66Δ window-0.14

Macro Indicators

JPY
Consumer Confidence (OECD, Japan, percentage balance)
33.6Δ+1.4May 2026
Business Confidence – Manufacturing (OECD, Japan, PMI proxy)
12.0Δ+1.0Jan 2026
Retail Trade Volume Index (OECD, Japan, monthly)
101.2Δ+0.5Mar 2026
Unemployment Rate (OECD, Japan, % labour force)
2.5Δ-0.2Apr 2026

PMI / Services PMI gaps documented in backend §8.2: ISM is proprietary, FRED's `NAPMPI` series discontinued.

COT Positioning

non-commercial · weekly
Long
121520
Short
267338
Net
-145818
ReportNetΔ longΔ short
2026-06-09-145818+6671+22922
2026-06-02-129567+1856+16756
2026-05-26-114667+6390+27152
2026-05-19-93905+6448+25251
2026-05-12-75102-8880+4484
2026-05-05-61738+2505-37816
2026-04-28-102059+5144+12743
2026-04-21-94460-728+10524

Net = long − short. Heavy positive net = crowded long (contrarian risk when paired with negative fundamental score).

View JPY outlookFundamental strength, COT lean & news read

JPY · frequently asked questions

What does the Japanese Yen (JPY) intrinsic score mean?
The Japanese Yen intrinsic score is a single fundamental-strength reading for JPY, blending macro indicators with price momentum. A positive score points to inflationary or strengthening pressure, a negative score to deflationary or weakening pressure, and a near-zero score to a balanced stance.
Is JPY bullish or bearish right now?
Japanese Yen (JPY) currently reads bullish: its fundamental strength and momentum lean positive. Its latest reading is 3.66. This is market context (a weeks-to-months bias, not an entry signal), so wait for price action to confirm before acting.
What macro indicators feed the JPY score?
The JPY score draws on macro inputs including PMI, Services PMI, the Consumer Confidence Index, Retail Sales, Building Permits, and the employment report. These readings are synthesised into a directional consensus and combined with price momentum to produce the intrinsic score.
How is JPY COT positioning used?
Commitment of Traders (COT) data shows how non-commercial (speculative and institutional) traders are positioned in JPY. BearPaws uses it for trend confirmation or contrarian reads alongside the intrinsic and cross-pair scores, not as a standalone signal.