USD/JPY consolidates at a key support after yesterday's suspected stealth intervention
FUNDAMENTAL OVERVIEW USD: The US dollar has weakened across the board yesterday following the US NFP report. The data wasn’t bad, but it was enough to trigger a slightly dovish repricing in interest rate expectations. The chances for a July hike dropped to 17% vs 30% before the N
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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