LGT Asian Private Bank says USD/JPY could trade in a 155–160 range in the short term. The bank warns the risk of Japanese government intervention to support the yen will cap further dollar gains, and repatriation of European fixed‑income proceeds by

2026-10-09

LGT Asian Private Bank says USD/JPY could trade in a 155–160 range in the short term. The bank warns the risk of Japanese government intervention to support the yen will cap further dollar gains, and repatriation of European fixed‑income proceeds by Japanese investors could bolster the yen; however, the wide US‑Japan interest‑rate differential and continued offshore investment by Japanese investors will limit yen appreciation.