Japanese yen sharply higher on suspected intervention, speculators running for the exit?
The Japanese yen has risen sharply across the board, especially against the US dollar, in a suspected intervention. Earlier in the session, we got a report citing sources saying that Japanese officials will stop signalling intervention risks and start focusing on targeting specul
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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