Goldman Sachs Targets USD/JPY at 165: Boost to Yen Carry Trade - Tokenist
Goldman Sachs Targets USD/JPY at 165: Boost to Yen Carry Trade Tokenist
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 159.05 |
TMGM | Bearish | 163.00 |
MUFG | Bullish | 152.00 |
All 24 desk targets for USD/JPY
Desk synthesis pending
We’re writing the institutional analysis for this note — multi-section body, firm-by-firm alignment chips, key takeaways, market implications, risks. The synthesizer processes the queue hourly, with priority by citation density.
In the meantime, the most useful reads are the related coverage below — it reaches the same substance from different angles.
Sources & References
How we cover this story
Related news on this pair
It's a rough housing market, and Goldman Sachs expects it to get worse
Jim Cramer explains why even strong bank earnings couldn't save their stocks
Here's how much the AI boom is contributing to inflation, according to Goldman Sachs calculations
Bank Earnings Look Strong, But Markets Shrug
Cross-firm research
USD/JPY Consensus Check: Spot at 156.88, Median Target 153.0 — Week of October 23, 2026
USD/JPY trades 2.53% above the 25-firm median Dec-26 target of 153.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ-Fed spread path.
USD/JPY at 156.76: Consensus Targets 153.0, Dispersion Hits 25.5
USD/JPY trades 2.46% above the 25-firm Dec-26 consensus of 153.0, with a 25.5-point dispersion reflecting deep disagreement on the BoJ rate path and US 10-year trajectory.
USD/JPY Consensus Check: Spot at 158.04, Median Target 153 — Week of October 21, 2026
USD/JPY trades 3.3% above the 25-firm median Dec-26 target of 153.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ path.