Group 1 - The Japanese yen serves as an important indicator of both the Japanese economy and global economic trends, experiencing a significant decline recently after a period of appreciation [1] - On May 12, the yen depreciated sharply against the dollar, reaching around 148.00, with a daily high of 148.59, marking the highest level since April 3 [1] - The decline in the yen's value is attributed to reduced investor risk aversion following a 90-day tariff reduction agreement between China and the U.S., which has improved global risk appetite [1] Group 2 - In April, the yen was a favored target for institutional investors, with net long positions increasing by 58,000 contracts to a historical high of 179,000 contracts [2] - The yen appreciated over 3% since the beginning of April, reflecting strong demand from investors [2][3] - The yen's exchange rate against the dollar has been on an upward trend for three consecutive weeks in April, with a total appreciation exceeding 3% [3] Group 3 - The Japanese economy remains fundamentally strong, and the gradual tightening of monetary policy and potential interest rate hikes could support further appreciation of the yen [3] - Current exchange rates for the yen against the dollar are considered undervalued, with expectations for a stronger performance in the near future [3] - The outcome of U.S.-Japan trade negotiations will significantly impact the yen's value, with successful agreements likely to bolster the yen, while failures could lead to depreciation [3]
日元遭遇单日大跌引关注 专家称未来或将呈现偏强走势
Zhong Guo Jing Ying Bao·2025-05-14 06:06