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USD/JPY

LIVEBuy JPY

Cross-firm analysis — 8 firms covering JPY

Relevant Central Bank
Bank of JapanBoJJapan

The Bank of Japan conducts monetary policy for Japan, targeting price stability and the sound development of the national economy. The Policy Board holds eight monetary policy meetings each year.

Live Rate
--
Consensus Target
148.63
Spread (Max-Min)
24.00
Firms
8

Forecast Paths

Quarterly targets from each firm through Dec 2026

Dec 2026 Targets by Firm

Sorted low to high — consensus avg: 148.63

All Firm Forecasts

FirmSpotDec 26DirectionStatusvs Consensus
J.P. Morgan
157.00164.00Sell JPY+10.3%
Goldman Sachs
157.00148.00Buy JPY-0.4%
ING
157.00152.00Buy JPY+2.3%
Morgan Stanley
157.00140.00Buy JPY-5.8%
MUFG
157.00146.00Buy JPY-1.8%
Bank of America
157.00147.00Buy JPY-1.1%
Deutsche Bank
157.00143.00Buy JPY-3.8%
Barclays
157.00149.00Buy JPY+0.3%

FX BANK FORECAST · COVERAGE

Institutional FX coverage in your inbox

Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.