Japan-US joint intervention a turning point for the yen?
USD/JPY — All Desk Targets
21 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
Scotiabank | Bullish | 140.00 |
UOB | Bearish | 158.40 |
From the original
The latest joint action from the US and Japan has definitely brought back the buzz to the major currencies space. We all knew Japan intervention was on the cards and it was proven to be the case on Thursday last week. And the market response was as you would expect, before Japan
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