USD/JPY tumbles lower, breaks below 155 for the first time since February
It's a new week but the key focus in the FX market is still on the Japanese yen. After a minor bounce back on Friday, USD/JPY is now under heavy pressure again as it falls through the 155.00 level for the first time since February this year. That is a big, big blow to dip buyers
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 145.00 |
ING | Bullish | 152.00 |
MUFG | Bullish | 152.00 |
All 25 desk targets for USD/JPY
Desk synthesis pending
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Cross-firm research
USD/JPY Consensus Check: Spot at 158.51, Target 156.0 — Week of November 7, 2026
USD/JPY trades at 158.51, 1.61% above the 25-firm median Dec-26 target of 156.0, with a 30-figure dispersion signalling deep disagreement on the BoJ-Fed spread path.
USD/JPY Consensus Check: Spot at 158.24, Target 156.0 — Week of Nov 6, 2026
USD/JPY trades 1.44% above the 25-firm Dec-26 consensus of 156.0, with a 30-point dispersion range signalling deep disagreement on the BoJ-Fed spread path.
USD/JPY at 157.82: Consensus Targets 156.0 but Spread Spans 30 Figures
Spot USD/JPY trades 1.17% above the Dec-26 cross-firm consensus of 156.0, with a 30-figure dispersion exposing deep disagreement over the BoJ-Fed rate spread.