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

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USD/JPY makes a quick move lower. Eyes on intervention.

USD/JPY make a quick move lower after touching a session high. The pair briefly traded above 161.90 only to plunge promptly to 161.20. The dip has been bought though, with the pair back up to 161.65. Japanese officials have repeatedly warned that they're watching markets closely.

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

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

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FX Bank Forecast aggregates and indexes public bank-research RSS, press releases, and FX commentary. Firm and pair tagging are heuristic — verify against the original source before trading. We do not endorse third-party content.

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