Group 1 - The core viewpoint of the article highlights the significant depreciation of the Japanese yen against major currencies, particularly the US dollar, due to new tariffs imposed by the US government and concerns over Japan's economic slowdown [1][3][5] - The yen's depreciation against the Swiss franc reached a historical low, while it also fell to a one-year low against the euro, indicating widespread selling pressure on the yen [1][3] - The new tariff rate announced by Trump, which is set to take effect on August 1, is expected to have a severe impact on Japan's economy, with predictions of a GDP decline of up to 1% [5][6] Group 2 - The market sentiment is increasingly pessimistic regarding Japan's economic prospects, with expectations that the Bank of Japan will not raise interest rates in the near term due to ongoing economic concerns [5][6] - Speculative positions in the yen have decreased significantly, indicating a reduction in bullish sentiment towards the currency [5][6] - The upcoming US consumer price index (CPI) data release on July 15 is anticipated to influence market perceptions of inflation and interest rate expectations, potentially leading to further yen depreciation [6][8] Group 3 - Japanese companies are forecasting an average exchange rate of 143 yen per dollar for the fiscal year 2025, suggesting a potential appreciation of the yen if current trends continue [7] - However, the depreciation of the yen could lead to increased import prices, negatively impacting consumer spending and overall economic conditions in Japan [8]
日元对主要货币“一家独输”
日经中文网·2025-07-15 07:03