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Intervention fears are capping the USD/JPY upside as traders await the key US data
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. There is now 32 bps of tightening priced in b
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