机构：市场或继续试探日本对日元贬值的容忍底线

Core Viewpoint - The market is likely to continue testing the Japanese policymakers' tolerance for yen depreciation, with speculation pressure remaining high due to a lack of clear guidance on intervention timing, scale, or triggers [1] Group 1 - Philip Wee, a senior foreign exchange strategist at DBS Group Research, indicates that verbal warnings from policymakers serve as the first line of defense against yen depreciation [1] - The potential for early elections in Japan may weaken the coordination between the Ministry of Finance and the Bank of Japan in taking decisive action in the foreign exchange market, complicating the situation further [1]