Bank targets for USD/JPY

Name: USD/JPY Cross-Firm Bank Forecast Consensus 2026
Creator: FX Bank Forecast
License: https://fxbankforecast.com/terms
Keywords: USD/JPY, USD/JPY 2026 forecast, USD/JPY bank consensus, bank consensus, FX forecast, investment bank research, institutional FX, sell-side research

Institutional 2026 consensus for USD/JPY, aggregated from 18 major sell-side investment banks. Each firm contributes a Dec-2026 year-end target alongside quarterly checkpoints. Below: the distribution shape, outliers, quarterly trajectory, and per-firm breakdown.

Other pairs: EUR/USD · GBP/USD · USD/CHF · USD/CAD · AUD/USD · NZD/USD

Consensus

148.44

Median

148.00

Range

140.00→164.00

Δ24.00

Std Dev

5.75

Live Spot

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vs Live

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USD/JPY — Dec ’26 panel preview

Median 148.00, range 140.00–164.00 across 18 firms.

Per-firm distribution, dot plot, and the All-Firms table are part of Retail.

Per-firm distribution · USD/JPY Dec '26 · sorted table

Per-firm dot plot · all-firms table · per-firm bars · 18+ firms

2026 USD/JPY consensus path

Quarterly averages across the panel. Reads as the trajectory banks expect through the year.

▼ -3.95%

FX BANK FORECAST · COVERAGE

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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.