USD/JPY holds above 157 despite BOJ rate hike; intervention risk refuses to disappear
EUR/USD — All Desk Targets
28 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 1.1140 |
ABN AMRO | Bullish | 1.1500 |
Bank of America | Bullish | 1.1500 |
From the original
Last week, the BOJ raised interest rates to their highest level in 31 years . And yet now, we're seeing USD/JPY still trading just above the 157 level from around 156 before the decision. I reckon that alone should tell us quite a lot about where the pressure in this currency pai
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