BOJ's Himino signals more hikes, flags growing upside inflation risk
Himino's remarks read as a clear reaffirmation of the BOJ's tightening bias , with his explicit statement that the bank should continue raising rates and adjusting the degree of accommodation likely to keep September hike expectations firmly in play. His comment that the board mu
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Morgan Stanley | Bullish | 140.00 |
UOB | Bearish | 159.80 |
ING | Bullish | 152.00 |
All 23 desk targets for USD/JPY
Desk synthesis pending
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Cross-firm research
USD/JPY at 159.40: Consensus Targets 156.0 With a 25.5-Point Spread
USD/JPY trades 2.18% above the 23-firm Dec-26 consensus of 156.0, with a 25.5-point dispersion reflecting sharply divergent BoJ and US yield assumptions.
USD/JPY Consensus Check: Spot at 159.27, Median Target 156.0 — Week of August 27, 2026
USD/JPY trades 2.1% above the 23-firm median Dec-26 target of 156.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ rate path.
USD/JPY Consensus Check: Spot at 159.09, Target 156.0 — Week of August 26, 2026
USD/JPY trades at 159.09, nearly 2% above the 23-firm Dec-2026 consensus of 156.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ-Fed spread path.