USD/JPY consolidates around four-decade high as traders await the Fed and BoJ decisions
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
UOB | Neutral | 163.50 |
UBS | Bullish | 150.00 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar opened the week lower yesterday after the US halted its strikes following 13 consecutive days of attacks, while Iran pledged to maintain a ceasefire so long as the US remained on pause. This has led to some optimism as traders took this lat