ING
USD/JPY: Back to the 1980s
USD/JPY — All Desk Targets
23 desks
| Firm | Stance | YE 2027 |
|---|---|---|
Goldman Sachs | Bearish | 165.00 |
UOB | Bearish | 163.00 |
Citi | Bearish | 163.00 |
All 23 desk targets for USD/JPY
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https://think.ing.com/articles/usd-jpy-back-to-the-1980s/
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4 itemsGOOGLE NEWS · USD/JPY
USD/JPY: Back to the 1980s - Investing.com Nigeria
ING THINK
USD/JPY: Back to the 1980s
The desk believes that USD/JPY has entered a pivotal phase reminiscent of the 1980s, with the pair breaking above the 162 mark. This development reflects significant market positioning against the yen and increasing speculation regarding the Bank of Japan's potential intervention, particularly given Japan’s ongoing cost of living crisis. Notably, the BoJ had previously intervened around the 160 handle, prompting expectations for further action soon. Per the full note from ing-think, traders are weighing the timing of any intervention against upcoming US data releases that could further impact the dollar's strength.
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