Yen's sharp weekly rally tied to BOJ rate hike repricing
USD/JPY — All Desk Targets
23 desks
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bullish | 148.00 |
UBS | Bearish | 160.00 |
UOB | Bearish | 160.55 |
All 23 desk targets for USD/JPY
From the original
The move in USD/JPY, from near 160 to under156 over the space of a week, reflects a rapid repricing of BOJ intentions rather than a broader dollar story, with markets now treating a September hike as close to fully priced. The more consequential swing factor is the roughly one-in
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