Yen weakens on BoJ hike as two dissents temper hawkish read Alt headlines:
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
The move higher in USD/JPY, from around 156.25 to around 156.70 (156.80+ as I type now), is a fairly clean "buy the rumour, sell the fact" reaction: the 25 basis point hike to 1.25% was close to fully priced heading into the decision, so simply delivering it removed a source of u
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