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As the 2024 high gives way, USD/JPY extends into the highest levels since 1986. What next?
USD/JPY — All Desk Targets
23 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 160.20 |
ING | Bullish | 152.00 |
Rabobank | Bullish | 145.00 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar has been supported since the last FOMC decision as the more hawkish than expected dot plot led to a quick repricing in interest rate expectations with traders increasing rate hike probabilities. We saw some minor hawkish repricing yesterday
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