Analysts continue to be divided on the Japanese yen outlook
For the better part of a week already, USD/JPY continues to hover around 158.50 to 159.50 but mostly weaving in and around the 159.00 mark. It is the same case again today, despite a more tepid dollar mood to start the new week. As much as the dollar may be seeing some signs of w
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Société Générale | Bullish | 150.00 |
Scotiabank | Bullish | 140.00 |
Commerzbank | Bearish | 160.00 |
All 23 desk targets for USD/JPY
Desk synthesis pending
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Cross-firm research
USD/JPY Consensus Check: Spot at 159.05, Median Target 152.0 — Week of August 17, 2026
USD/JPY trades 4.64% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ-Fed spread path.
USD/JPY Consensus Check: Spot at 159.32, Median Target 152.0 — Week of August 16, 2026
USD/JPY trades 4.82% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ rate path.
USD/JPY at 159.52: Consensus Targets 152.0, Dispersion Spans 25.5 Figures
USD/JPY trades 4.95% above the 23-firm Dec-26 consensus of 152.0, with a 25.5-figure spread between Nomura's 165.5 ceiling and Scotiabank's 140.0 floor.