Japan services producer prices rise 3.7% in August, fastest pace in over two years
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
MUFG | Bullish | 152.00 |
UBS | Bearish | 160.00 |
Scotiabank | Bullish | 140.00 |
All 22 desk targets for USD/JPY
From the original
The reading supports the view that the Bank of Japan has room to keep tightening after this month's hike, which tends to keep upward pressure on JGB yields and can offer the yen some support if traders bring forward rate expectations. It also arrives against minutes from the July
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