Yen support looks fragile; Tokyo opts for passive strategy, missed chance to press intervention advantage
USD/JPY — All Desk Targets
25 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 145.00 |
ING | Bullish | 152.00 |
MUFG | Bullish | 152.00 |
All 25 desk targets for USD/JPY
From the original
A Reuters analyst argues that Japan's failure to follow through on its recent joint intervention, particularly by not amplifying Friday's dollar weakness after the soft US jobs data, signals a passive rather than active strategy aimed at merely slowing the dollar's advance rather
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