FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
Intervention fears to continue to help keep a lid on USD/JPY upside - Credit Agricole investingLive
| Firm | Stance | YE 2026 |
|---|---|---|
| Bearish |
| 165.00 |
MUFG | Bullish | 152.00 |
J.P. Morgan | Bullish | 142.00 |
All 23 desk targets for USD/JPY
Desk synthesis pending
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How we cover this story
USD/JPY trades 2.55% 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 trades at 156.25, roughly 2.80% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ-Fed spread path.
USD/JPY trades 2.80% above the 23-firm Dec-26 consensus of 152.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ-Fed spread trajectory.
23 investment banks see USD/JPY at 153.55 by Dec 2026
View the live USD/JPY forecast