# Yen Bearish Voices Build for 2026 on Cautious BOJ Policy Path

> Strategists at JPMorgan, BNP Paribas and others forecast the yen weakening to 160 per dollar or beyond by the end of 2026. They cite still-wide US-Japan yield gaps and a gradual BOJ tightening path. The outlook is a forecast rather than a new event.

- Date: 2026-01-01 · published 2026-01-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/21749-yen-bearish-voices-build-for-2026-on-cautious-boj-policy-path
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen forecast implies dearer dollar-priced feed imports for Japan in yen terms. The effect on global feed prices is small.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-12-25/yen-bearish-voices-build-for-2026-on-cautious-boj-policy-path

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.