UBS Raises USD/JPY Forecasts to 158 on Oil Prices and Bank of Japan Caution
Swiss banking giant UBS has revised its USD/JPY exchange rate forecasts upward, now projecting the pair will reach 158 by the end of June 2026, up from its previous estimate of 155. The bank cited elevated oil prices and a cautious monetary tightening approach by the Bank of Japan as key factors limiting yen recovery…
