Yen Katayama bounce fully unwinds as GPIF shift doubts emerge
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Goldman Sachs | Bullish | 150.00 |
UOB | Bearish | 159.60 |
Bank of America | Bullish | 149.00 |
All 22 desk targets for USD/JPY
From the original
The round trip in USD/JPY, from a sharp Friday rally back to levels seen before Katayama spoke, is a reminder that verbal intervention alone rarely holds without a concrete policy commitment behind it. The scale of the reversal also suggests the initial move was built more on spe
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Japan finance minister comments giving the yen a wee boost
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Yen has continued to gain after finance minister Katayama's comments
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Yen up - Japan's Katayama seeks measures to push GPIF, pension funds into domestic assets
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