USD/JPY spikes lower on US-Iran deal and consolidates ahead of BoJ and FOMC decisions
USD/JPY — All Desk Targets
25 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 145.00 |
ING | Bullish | 152.00 |
MUFG | Bullish | 152.00 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board on Thursday after Trump cancelled the planned attacks on Iran and announced a deal to be signed in the following days. As a result, Fed rate hike expectations got pared back immediately with the market now pricing
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USD/JPY consolidates around four-decade high as traders await the Fed and BoJ decisions
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USD/JPY consolidates around 160.00 as traders turn their focus to the FOMC decision
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USD/JPY remains stuck in a tight range amid US-Iran deal optimism and hawkish Fed risk
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