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JPMorgan flags a $103 bn yen short position, unwind could push USD/JPY to 142 - investinglive.com
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 |
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JPMorgan flags a $103 bn yen short position, unwind could push USD/JPY to 142 investinglive.com
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4 itemsJPMorgan: Yen May Surge If USD/JPY Falls Below 155 - Briefs Finance
Eamonn Sheridan
JPMorgan flags a $103 bn yen short position, unwind could push USD/JPY to 142
The desk is gauging a potential upward shift in USD/JPY driven by substantial yen short positions. Per the full note from JPMorgan, a significant bearish positioning amounting to approximately $103 billion could trigger aggressive short covering, pushing USD/JPY potentially down to the 142-146 range if it breaches the pivotal 155 level. Our consensus for USD/JPY currently sits at 156.0, with conflicting expectations about Bank of Japan rate hikes complicating the outlook. Without immediate market-moving events, this scenario remains a watch point for traders.
JPMorgan Private Bank: If Market Interprets BOJ Communication as Dovish, May Reignite Short Positions in JPY and JGBs - AASTOCKS.com
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