USD/JPY consolidates around four-decade high as traders await the Fed and BoJ decisions
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bullish | 148.00 |
UBS | Bearish | 160.00 |
UOB | Bearish | 160.55 |
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
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