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Is USD/JPY starting its rebound toward new cycle highs? Eyes on the Middle East and US CPI
EUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Société Générale | Bearish | 1.1400 |
Scotiabank | Bearish | 1.1200 |
Commerzbank | Bullish | 1.2200 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar sold off across the board in the final part of last week. The initial weakness came from the FOMC rate decision as the extra dissent from Fed’s Kashkari wasn’t taken as a major hawkish surprise. On Thursday, we had heavy dollar-selling flow
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