BoJ decision due shortly: hold at 1.25% expected, December signal in focu
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 145.00 |
ING | Bullish | 152.00 |
MUFG | Bullish | 152.00 |
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The yen and short-dated Japanese government bond yields are where any surprise will show, with USD/JPY near 157.8 going into the release. Because a hold is fully priced, the market reaction will come from the language and the vote. A hawkish package would likely strengthen the ye
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