The yen weakens to 160 per dollar by end of 2026, due to US-Japan yield gaps and negative real rates. BOJ rate hikes fail to boost currency. Carry trades and capital outflows hinder yen’s recovery. Outbound investments and cautious BOJ add pressure. Some expect dollar-yen to hit 165 by 2026, while others see yen strengthening over long term. Officials warn against speculative FX moves. Intervention may not lift yen. Market remains volatile.

Read more at Yahoo Finance: Yen Bearish Voices Build for 2026 on Cautious BOJ Policy Path