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Yen weakness back in focus as Katayama, Ueda head to G20 meeting

2026-08-28 02:56Z

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EUR/USD — All Desk Targets

31 desks

Firm	Stance	YE 2026	vs Cons.
Rabobank	Bearish	1.1000	-3.5%
ING	Bullish	1.1300	-0.9%
MUFG	Neutral	1.1200	-1.8%

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From the original

The yen's slide back toward 160 per dollar, despite last month's coordinated intervention, keeps currency markets alert to any signal that Tokyo and Washington could act again. Katayama's comment that the joint statement with Bessent "still lives" suggests officials want to keep

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Institutional FX coverage in your inbox

Yen weakness back in focus as Katayama, Ueda head to G20 meeting

EUR/USD — All Desk Targets

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Bessent says yen slide is contained, backs Ueda ahead of G20 talks

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