Japan ministry of finance declines to comment on sudden yen spike
USD/JPY is down 0.8% on the day now to 161.20 as the dust settles from the earlier price action volatility. The past hour or so saw the currency pair falling by around 100 pips from 162.20 to a low of 161.13, before a quick rebound back to 161.90. After which, it has been a slow
USD/JPY — All Desk Targets
| Firm | Stance | YE 2027 |
|---|---|---|
MUFG | — | 146.00 |
Citi | — | 153.00 |
UOB | — | 160.75 |
All 22 desk targets for USD/JPY
Desk synthesis pending
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