Group 1 - The USD/JPY exchange rate is trading around 147.00, with a decline of 0.26%, influenced by the divergence in monetary policies between the US and Japan, as the Fed adopts a dovish stance while the BoJ signals normalization [1] - The Japanese yen has shown a strong upward trend, supported by hawkish comments from BoJ Deputy Governor Shinichi Uchida, indicating potential rate hikes if economic conditions improve [1] - The US April CPI year-on-year rate fell to 2.3%, weaker than market expectations, leading to market speculation of two rate cuts by the Fed by 2025, totaling a reduction of 56 basis points [1] Group 2 - Despite a recovery in global trade sentiment, investors still prefer the yen over the dollar as a safe-haven asset amid current geopolitical tensions [2] - From a technical perspective, a recent breakout above the 200-period simple moving average (SMA) on the 4-hour chart supports bullish traders, with potential buying opportunities near the 146.60-146.55 area [2] - A drop below 147.00 could trigger technical selling, pushing the USD/JPY pair down to 146.00, and potentially towards the 145.40 area, which corresponds to the 38.2% Fibonacci retracement level [2] Group 3 - The 147.65 area is identified as a key resistance level, with potential for the USD/JPY exchange rate to rise to 148.00 and further towards the 148.25-148.30 range [3] - Continued buying above the 148.30 level could trigger further upward movement, pushing prices above 149.00 and towards the psychological level of 150.00 [3]
日本央行鹰派信号提振日元
Jin Tou Wang·2025-05-14 07:51