日元短期承压下行 日本央行政策会议美国数据

Core Viewpoint - The Japanese yen is experiencing slight weakness ahead of the Bank of Japan's policy meeting, with market expectations leaning towards an interest rate hike, while the US labor market data shows signs of weakness, leading to a bearish outlook for USD/JPY [1] Group 1: Market Expectations - There is a growing expectation that the Bank of Japan will initiate an interest rate hike, which is providing support for the yen [1] - The Bank of Japan Governor indicated that the likelihood of achieving economic and price expectations is increasing, with Japan's inflation target nearing fulfillment [1] Group 2: US Economic Indicators - Recent non-farm employment data from the US shows a mixed trend, indicating a gradual slowdown in labor market growth, which has intensified expectations for further rate cuts by the Federal Reserve [1] - This trend is limiting the short-term rebound potential for the US dollar, indirectly applying pressure on the USD/JPY pair [1] Group 3: Technical Analysis - The daily chart indicates that the USD/JPY has been declining from recent highs, forming a short-term bearish consolidation structure, with oscillators showing negative signals [2] - The current price is near monthly lows, and a break below this support level would signal the start of a new downtrend [2] - Key resistance levels are being tested, and a breakthrough could trigger a short-term bullish correction, with targets set at recent key round numbers [2]