Core Viewpoint - The Euro/Yen exchange rate has risen for the fourth consecutive trading day, reaching a new high not seen since August 1992, indicating a potential for further appreciation [1] Market Sentiment - Concerns over the uncertainty of the Bank of Japan's interest rate hikes and a positive risk appetite are weakening the Yen's safe-haven status [1] - Bets on the European Central Bank halting interest rate cuts are supporting the Euro and providing backing for the Euro against the Dollar [1] Japanese Yen Performance - The Yen continues to show relative weakness due to market concerns regarding the tightening path of the Bank of Japan's policy, which is a key factor supporting the Euro/Yen cross currency pair [1] - The cautious stance of the Bank of Japan regarding further rate hikes is influenced by Prime Minister Fumio Kishida's stimulus position [1] European Central Bank Policy - The European Central Bank has completed its interest rate cuts, with officials indicating that the current monetary policy state is appropriate and little change is expected in the coming months [1] Technical Analysis - The most likely path for the Euro/Yen exchange rate is upward, supported by a closing price above the 178.25-178.30 support level, with a target to return to the psychological level of 180.00 and break through 179.00 [1]
欧元/日元飙升至33年新高 180大关近在咫尺
Jin Tou Wang·2025-11-12 12:49