FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee Invezz
| 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
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How we cover this story
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.
USD/JPY trades 4.82% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion range signalling deep disagreement on the BoJ rate path.
USD/JPY trades 4.95% above the 23-firm Dec-26 consensus of 152.0, with a 25.5-figure spread between Nomura's 165.5 ceiling and Scotiabank's 140.0 floor.
23 investment banks see USD/JPY at 153.94 by Dec 2026
View the live USD/JPY forecast