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日元跌至四个月低点,日央行年内加息无望 政府或暗示插手?
Feng Huang Wang·2025-08-01 05:16

Core Viewpoint - The Japanese yen has depreciated to a four-month low against the US dollar, raising concerns among Japanese financial officials about potential government intervention in the foreign exchange market to support the yen [1][3][4]. Group 1: Currency Exchange Rate - The USD/JPY exchange rate reached 150.89 yen per dollar, marking the lowest level since March 28, with the rate reported at 150.58 yen at the time of publication [3]. - Japanese Finance Minister Kato Katsunobu expressed concerns about the current exchange rate trends, emphasizing the importance of stable currency fluctuations that reflect economic fundamentals [4]. Group 2: Economic Impact and Predictions - Kato indicated that the US tariffs on Japan could impact the Japanese economy, and the government will continue to analyze the tariffs' effects on Japanese industries [5]. - Marito Ueda from SBI Liquidity Market Research warned that the yen could depreciate to 155 against the dollar, which could trigger intervention from Japanese authorities to support the yen [5]. Group 3: Factors Influencing Currency Movements - The yen's decline is closely linked to the recent strengthening of the US dollar, which has been bolstered by reduced concerns over trade wars and a slightly hawkish signal from the Federal Reserve [7]. - The US dollar index surpassed 100.10 for the first time since May 29, reflecting a strong dollar environment [7]. - The Bank of Japan's dovish stance, as indicated by Governor Ueda, suggests a tolerance for the current weakness of the yen, which has led to increased dollar buying [8][10].