USD/JPY jumps to 157 after BOJ rate hike as dovish dissents weigh on yen
USD/JPY — All Desk Targets
23 desks
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bullish | 148.00 |
UBS | Bearish | 160.00 |
UOB | Bearish | 160.55 |
From the original
The BOJ decided to raise its policy rate to 1.25% today, but the Japanese yen is weaker for it. USD/JPY has now climbed back above the 157 level, in search of a stronger break to the upside following the decision. The rate hike today was already widely expected, leaving markets f
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