Bank of America: USD/JPY Breakout to New Cycle Highs Favors New Uptrend Cycle Towards 175 Area - eFXdata
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Société Générale | Bullish | 150.00 |
Scotiabank | Bullish | 140.00 |
Commerzbank | Bearish | 160.00 |
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Bank of America: USD/JPY Breakout to New Cycle Highs Favors New Uptrend Cycle Towards 175 Area eFXdata
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4 itemsBank of America forecasts USD/JPY to stay above 150 - Investing.com
Bank of America recently projected that USD/JPY will maintain a level above 150 in the coming months, supporting an overall bullish sentiment for the pair. This projection aligns with a broader outlook that anticipates continued dollar strength against the yen, bolstered by divergent monetary policy trajectories from the Federal Reserve and the Bank of Japan.
Bank of America Revises USD/JPY Forecast for End-2026 on Strengthening Yen Outlook - CryptoRank
The desk interprets Bank of America's recent revision of their USD/JPY forecast, signaling a bullish outlook for the yen by the end of 2026. Per the full note, **BofA** suggests a strengthening trend for the yen, aiming for 147.0000 by December 2026, which contrasts with the current market dynamics indicating a consensus around 148.0000. With the current spot at 157.0000, this divergence may reflect underlying expectations of monetary policy shifts from the Bank of Japan. The data indicates an increasing preference across several firms for a lower USD/JPY rate in the coming years, suggesting a market prepared for a more hawkish BoJ stance in the longer term.