Yen Seen Rising 6% to 149 per Dollar by End-2026 as BofA Lifts Forecast
Updated
Updated · Bloomberg · Aug 5
Yen Seen Rising 6% to 149 per Dollar by End-2026 as BofA Lifts Forecast
3 articles · Updated · Bloomberg · Aug 5
Summary
149 per dollar is Bank of America's new year-end 2026 target for the yen, implying about 6% appreciation from roughly 158 now and a stronger call than its previous 152 forecast.
Coordinated US-Japan currency intervention underpins the revised view, with BofA saying joint action should help push the yen higher against the dollar.
Bank of Japan policy is the other driver: analysts see the prospect of a rate increase in coming months adding support for further yen gains.