Yen extends gains below 157.80 as BOJ hawks and less hawkish Fed voices collide
Citi
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
USD/JPY's break below 157.70 looks like a genuine repricing story rather than an intervention scare, with BOJ board member Takata 's call for nimble rather than fixed-pace hikes doing most of the work on the yen side. That sits alongside a dollar that has its own reasons to be so
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