USD/JPY is almost back to four-decade high as the US-Iran crisis, slow BoJ keep weighing on the yen
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 has been under some pressure since last week as the soft US inflation data led to a dovish repricing in Fed interest rate expectations. There’s now just a 15% chance of a rate hike in July, but the probabilities for a September move remain
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Market outlook for the week of 21st-25th September