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22 investment banks see USD/JPY at 148.94 by Dec 2026

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INVESTINGLIVEGiuseppe Dellamotta

USD/JPY is near the highest level since 1986 as divergence with the Fed intensifies

FUNDAMENTAL OVERVIEW USD: The US dollar surged across the board on the more hawkish than expected dot plot (the consensus was looking for no cuts or hikes this year). The median dot showed one rate hike this year and some of those hawkish members pencilled in multiple hikes. By p

USD/JPY — All Desk Targets

22 desks
FirmStanceYE 2026
UOB
160.75
Citi
155.00
UBS
150.00

All 22 desk targets for USD/JPY

See the full USD/JPY consensus →

Desk synthesis pending

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Sources & References

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