终于要出手了？高市早苗：日本政府已做好准备，随时采取“必要”行动干预日元

Core Points - Japanese Prime Minister Sanae Takaichi emphasized the government's readiness to monitor exchange rate fluctuations and take necessary actions to ensure fiscal sustainability and defend the economic stimulus plan [1][4] - The market is closely watching whether the Japanese authorities will shift from verbal warnings to actual intervention, especially during the low liquidity period created by the U.S. Thanksgiving holiday [1][4] Group 1: Government Actions and Statements - The Japanese government is prepared to monitor the nature of exchange rate fluctuations, distinguishing between those driven by economic fundamentals and speculative behavior [1] - Takaichi defended the economic stimulus plan, stating it is not "reckless spending" and committed to reducing Japan's debt-to-GDP ratio [1] - The Prime Minister highlighted that ensuring Japan's fiscal sustainability is the most important priority [1] Group 2: Market Conditions and Potential Interventions - The upcoming U.S. Thanksgiving holiday and subsequent low trading volumes create an ideal environment for potential currency intervention by Japanese authorities [4] - Historical data indicates that Japan tends to intervene during such low liquidity periods to achieve significant price impacts with less capital [4] - The key challenge for Japanese authorities is to effectively curb excessive depreciation of the yen without depleting foreign exchange reserves [4]