USD/JPY hits fresh 40-year high above 163 as equities, yields and oil all gain
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
Scotiabank | Bullish | 140.00 |
UOB | Bearish | 158.40 |
All 21 desk targets for USD/JPY
From the original
The breakout above 162.84 has drawn in a mix of model-driven and hedging-related flows, with stop-loss buying and topside option demand reinforcing the move once resistance gave way. Subdued implied volatility suggests the options market isn't yet pricing an aggressive extension
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