BoJ decision due shortly: hold at 1.25% expected, December signal in focu
The yen and short-dated Japanese government bond yields are where any surprise will show, with USD/JPY near 157.8 going into the release. Because a hold is fully priced, the market reaction will come from the language and the vote. A hawkish package would likely strengthen the ye
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 145.00 |
ING | Bullish | 152.00 |
MUFG | Bullish | 152.00 |
All 25 desk targets for USD/JPY
Desk synthesis pending
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USD/JPY Consensus Check: Spot at 158.51, Target 156.0 — Week of November 7, 2026
USD/JPY trades at 158.51, 1.61% above the 25-firm median Dec-26 target of 156.0, with a 30-figure dispersion signalling deep disagreement on the BoJ-Fed spread path.