日本央行维持利率 欧元/日元上涨177区间

Core Viewpoint - The Japanese yen is under pressure following the Bank of Japan's decision to maintain interest rates, influenced by reduced safe-haven demand and optimism regarding a potential US-China trade agreement [1] Group 1: Currency Market Impact - The euro/yen pair found support around 177.50 after two consecutive days of decline [1] - The Bank of Japan's decision to keep the short-term interest rate target in the range of 0.4%-0.5% challenges the yen [1] - The yen's weakness is expected to continue as market sentiment improves due to optimism surrounding US-China trade discussions [1] Group 2: Monetary Policy and Economic Outlook - The Bank of Japan has extended its pause on tightening monetary policy for the sixth meeting, following a 25 basis point hike in January [1] - Officials from the Bank of Japan are expected to discuss conditions for resuming rate hikes amid easing tariff pressures and rising domestic inflation [1] - The outlook is complicated by the new Prime Minister's support for loose monetary policy and resistance to early tightening [1] Group 3: US-China Trade Relations - US President Donald Trump and Chinese President Xi Jinping are meeting to discuss a wide range of topics, including tariffs on fentanyl, rare earths, soybean trade, and TikTok agreements [1] - The discussions are anticipated to influence market sentiment and the performance of the yen [1]