BOJ July minutes preview: a hold overtaken by September's rate hike
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 159.60 |
Bank of America | Bullish | 149.00 |
Rabobank | Bullish | 145.00 |
All 22 desk targets for USD/JPY
From the original
Today's minutes are largely a formality at this point: the market has already moved past the July decision and is trading the September outcome and its aftermath. The bigger story for FX and rates is the yen's counterintuitive weakness following an actual hike, with USD/JPY pushi
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