USD/JPY intervention risk grows as Japan holiday leaves yen exposed in thin liquidity
If there is one major currency pair worth keeping a closer eye on over the next couple of days, it is USD/JPY. The currency pair is trading back to around 157 after the yen fell roughly 2% last week, despite the BOJ raising its policy rate by 25 bps to 1.25%. The rate hike itself
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bearish | 1.1500 |
UBS | Bullish | 1.1800 |
UOB | Bullish | 1.1800 |
All 30 desk targets for EUR/USD
Desk synthesis pending
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Related news on this pair
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Cross-firm research
USD/JPY Consensus Check: Spot at 157.07, Median Target 152 — Week of September 21, 2026
USD/JPY trades at 157.07, roughly 3.3% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ rate path.
GBP/USD Consensus Check: Spot at 1.3394, Median Target 1.36 — Week of September 20, 2026
Cable trades 1.51% below the 20-firm median Dec-26 target of 1.36, with a 0.26-point spread from Citi's 1.24 floor to UBS's 1.50 ceiling.
USD/JPY Consensus Check: Spot at 156.89, Dec-26 Median 152.0 — Week of September 20, 2026
USD/JPY trades at 156.89, 3.22% above the 23-firm Dec-26 median of 152.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ-Fed spread path.