Here's a forecast for USD/JPY back to 150 - stick a fork in the BOJ, they're (nearly) done

Commerzbank is forecasting USD/JPY bak up to 150.

If you are a raging bull on USD/JPY the bad news is analysts at the bank say it'll hit 150 by the end of 2025.

Commerzbank say that the Bank of Japan will complete rate hikes by the end of 2024, and that Japanese inflation will hold below the Bank's 2% target throughout 2025.