USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee - Invezz
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee Invezz
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Société Générale | Bullish | 150.00 |
Scotiabank | Bullish | 140.00 |
Commerzbank | Bearish | 160.00 |
All 23 desk targets for USD/JPY
Desk synthesis pending
We’re writing the institutional analysis for this note — multi-section body, firm-by-firm alignment chips, key takeaways, market implications, risks. The synthesizer processes the queue hourly, with priority by citation density.
In the meantime, the most useful reads are the related coverage and primary source below — both reach the same substance from different angles.
Sources & References
How we cover this story
Cross-firm research
EM FX Consensus Check: August 17, 2026
Cross-EM consensus is broadly neutral as of August 17, 2026, with dispersion widest in USD/INR and USD/TRY and carry desks leaning into MXN and KRW.
USD/JPY Consensus Check: Spot at 159.05, Median Target 152.0 — Week of August 17, 2026
USD/JPY trades 4.64% 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.
EM FX Consensus Check: Week of August 16, 2026
Cross-EM consensus is broadly neutral as of August 16, 2026, with INR the sharpest outlier—spot sits 9% above the Dec-26 median across 21 contributing desks.