# MUFG USD/JPY Forecast: 156-159 After Japan Discloses July Intervention

> Japan disclosed that it spent a record ¥7.98 trillion supporting the yen on July 30, with additional intervention on July 31 and August 3. MUFG expects the dollar to trade between 156 and 159 yen this week, saying the recent highs above 158.50 may be difficult to break.

- Date: 2026-11-09 · published 2026-11-09T18:09:18.786Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/89881-mufg-usd-jpy-forecast-156-159-after-japan-discloses-july-intervention
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The disclosed intervention and expectations of a possible December rate hike support the yen against the dollar. That points to downside pressure on USD/JPY, though the forecast still allows trading near recent highs.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47725/2026-11-09-mufg-usd-jpy-forecast-156-159-after-japan-discloses-july-intervention.html

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