Is USD/JPY starting its rebound toward new cycle highs? Eyes on the Middle East and US CPI
FUNDAMENTAL OVERVIEW USD: The US dollar sold off across the board in the final part of last week. The initial weakness came from the FOMC rate decision as the extra dissent from Fed’s Kashkari wasn’t taken as a major hawkish surprise. On Thursday, we had heavy dollar-selling flow
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
MUFG | Bullish | 1.1800 |
Danske Bank | Bearish | 1.1100 |
UBS | Bullish | 1.1800 |
All 27 desk targets for EUR/USD
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Related news on this pair
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EUR/USD eyes 1.12 as JPY pairs bounce - How far can they rally? Can USD/JPY break 159?
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Cross-firm research
USD/JPY at 157.58: Consensus Targets 154.0 With a 25.5-Point Spread
Spot USD/JPY trades 2.33% above the 24-firm Dec-26 consensus of 154.0, with a 25.5-point dispersion that reflects deep disagreement on the BoJ rate path and US 10-year trajectory.
GBP/USD Consensus Check: 1.3550 Target, 0.26 Spread — Week of October 1, 2026
Cable trades at 1.3223, roughly 2.4% below a 20-firm median Dec-26 target of 1.3550, with a 0.26-point dispersion that reflects genuine disagreement on BoE-Fed divergence.
USD/JPY Consensus Check: Spot at 157.38, Target 154.0 — Week of September 30, 2026
USD/JPY trades 2.20% above the 24-firm Dec-26 consensus of 154.0, with a 25.5-point dispersion that reflects sharply divided BoJ and US rates views.