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日本央行退出负利率政策预期
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美日政策预期趋同推升日元汇率
Jin Tou Wang· 2025-08-12 04:08
Group 1 - The core viewpoint of the articles indicates a convergence in monetary policy expectations between the US and Japan, impacting the USD/JPY exchange rate [1] - The USD/JPY exchange rate is currently trading around 148.27, reflecting a 0.09% increase from the previous close of 148.14, suggesting a short-term bottom formation [2] - Market analysis suggests that as long as inflation data remains controlled, the Federal Reserve may initiate a rate cut cycle within the year, limiting the long-term upside potential of the dollar [1] Group 2 - The expectation of the Bank of Japan gradually exiting its negative interest rate policy could significantly alter the long-standing interest rate differential between the two countries [1] - The USD/JPY pair may test resistance levels around 148.45-148.50, with a potential target near 149.00, indicating bullish sentiment [2] - Immediate support for the USD/JPY is seen around 147.45, with 147.00 being viewed as a potential buying opportunity if further declines occur [2]