CA Markets：日美央行预期分化，日元从两周低点反弹能否延续？

Group 1 - The core viewpoint of the articles highlights the divergence in monetary policy expectations between Japan and the United States, leading to a rebound in the Japanese yen after a three-day decline against the dollar [1][3]. - Market expectations suggest that the Bank of Japan (BoJ) may implement an emergency interest rate hike, supported by recent inflation data, which has strengthened the yen [3][4]. - The Japanese corporate goods price index (CGPI) rose by 2.7% year-on-year, reinforcing the market's bets on an imminent rate hike by the BoJ, despite concerns over Japan's expansionary fiscal policy and economic growth [4]. Group 2 - The Federal Reserve's upcoming policy meeting is anticipated to result in a 25 basis point rate cut, which will significantly influence the short-term direction of the dollar and, consequently, the USD/JPY exchange rate [5]. - Following the Fed's decision, market attention will shift to the BoJ's policy meeting scheduled for December 18-19, which will be crucial for determining the next phase of the USD/JPY exchange rate [5]. - Technical analysis indicates that the USD/JPY has broken through a key resistance level at 155.30, signaling a potential bullish trend, with further upward movement expected if it surpasses the 157.00 mark [6][8].