日本央行紧缩节奏打压日元

Group 1 - The USD/JPY exchange rate has continued to rise, reaching around 157.00, marking a fourth consecutive day of gains, with a closing increase of 0.15% to 156.8700 [1] - The weakening of the yen is primarily due to the gap between the Bank of Japan's policy stance and market expectations, which continues to favor the dollar due to interest rate differentials [1] - The Bank of Japan raised the benchmark interest rate from 0.50% to 0.75% in December, marking the second rate hike of the year aimed at curbing inflation pressures, but the cautious tone in the policy statement has led to doubts about the sustainability of tightening [1] Group 2 - The Japanese government is increasingly vigilant about exchange rate fluctuations, with the Finance Minister stating that the government is closely monitoring the foreign exchange market and is prepared to take "appropriate action" in the event of excessive unilateral volatility [1] - The daily chart indicates a clear upward trend for the USD/JPY exchange rate, with prices consistently above major moving averages, and short to medium-term moving averages in a bullish arrangement providing support [1] - The RSI momentum indicator is at a relatively high level but has not yet entered the extreme overbought territory, indicating that upward momentum remains, although short-term volatility risks have increased [2]