{"id":51293,"date":"2026-07-03T20:59:39","date_gmt":"2026-07-03T20:59:39","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh\/uncategorized\/51293\/"},"modified":"2026-07-03T20:59:39","modified_gmt":"2026-07-03T20:59:39","slug":"ing%e8%ad%a6%e5%91%8a%ef%bc%8c%e5%81%87%e6%9c%9f%e4%bb%a4%e6%b5%81%e5%8b%95%e6%80%a7%e8%bd%89%e8%96%84%ef%bc%8c%e7%be%8e%e5%85%83%e5%85%8c%e6%97%a5%e5%9c%93%ef%bc%88usd-jpy%ef%bc%89%e4%b8%8b%e8%a1%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/51293\/","title":{"rendered":"ING\u8b66\u544a\uff0c\u5047\u671f\u4ee4\u6d41\u52d5\u6027\u8f49\u8584\uff0c\u7f8e\u5143\u514c\u65e5\u5713\uff08USD\/JPY\uff09\u4e0b\u884c\u6ce2\u5e45\u64f4\u5927\uff0c\u5e72\u9810\u98a8\u96aa\u5347\u6eab"},"content":{"rendered":"

ING\u6307\u51fa\uff0c\u7f8e\u5143\u514c\u65e5\u5713\uff08USD\/JPY\uff09\u5728\u6700\u65b0\u4e00\u8f2a\u5411\u4e0b\u6ce2\u52d5\u5f8c\uff0c\u5b98\u5f0f\u5e72\u9810\u98a8\u96aa\u660e\u986f\u4e0a\u5347\uff1b\u8a72\u6ce2\u52d5\u767c\u751f\u65bc\u4e00\u4efd\u504f\u8edf\u7684\u7f8e\u570b\u5c31\u696d\u5831\u544a\u516c\u5e03\u524d\uff0c\u4e26\u4e00\u5ea6\u4ee4\u532f\u50f9\u8dcc\u7a7f161.0\u3002\u8a72\u884c\u8868\u793a\uff0c\u521d\u6bb5\u4e0b\u8dcc\u6216\u5df2\u6d89\u53ca\u5916\u532f\u5e02\u5834\u5e72\u9810\uff0c\u4e26\u63d0\u5230\u7f8e\u570b\u4eca\u65e5\u53ca\u5468\u4e00\u7684\u5047\u671f\u5c07\u62bd\u8d70\u5e02\u5834\u6d41\u52d5\u6027\uff0c\u4ee4\u50f9\u683c\u6ce2\u52d5\u66f4\u5bb9\u6613\u88ab\u653e\u5927\u3002ING\u4ea6\u5f15\u75282024\u5e74\u7684\u6a21\u5f0f\uff0c\u6307\u65e5\u672c\u7576\u5c40\u50be\u5411\u5728\u5047\u671f\u524d\u5f8c\u51fa\u624b\uff0c\u4e26\u628a\u884c\u52d5\u5206\u6563\u81f3\u591a\u500b\u4ea4\u6613\u65e5\uff1b\u90e8\u5206\u60c5\u6cc1\u4e0b\u66f4\u6703\u5728\u5229\u6de1\u7f8e\u5143\u7684\u50ac\u5316\u56e0\u7d20\u51fa\u73fe\u5f8c\u63a1\u53d6\u884c\u52d5\u3002<\/p>\n

\u5e02\u5834\u5b9a\u50f9\u4ea6\u5df2\u8f49\u5411\u3002ING\u5f15\u7528USD\/JPY\u4e00\u5468\u671f\u98a8\u96aa\u9006\u8f49\uff08risk reversals\uff09\u6025\u8dcc\uff0c\u4f5c\u70ba\u77ed\u671f\u5167\u5e72\u9810\u6a5f\u7387\u4e0a\u5347\u7684\u8b49\u64da\u3002\u8a72\u884c\u8a8d\u70ba\uff0c\u504f\u8edf\u7684\u7f8e\u570b\u6578\u64da\u77ed\u7dda\u5229\u597d\u65e5\u5713\uff0c\u4f46\u82e5\u8981\u907f\u514d\u91cd\u6f144\u6708\uff0f5\u6708\u5e72\u9810\u5f8cUSD\/JPY\u53cd\u5f48\u7684\u60c5\u6cc1\uff0c\u65e5\u672c\u9280\u884c\u5728\u5229\u7387\u8def\u5f91\u4e0a\u7684\u8a0a\u606f\u9700\u8981\u8f49\u8da8\u66f4\u9df9\u6d3e\u3002<\/p>\n

Volatility, Intervention Timing, and Market Positioning<\/h3>\n

\u6211\u5011\u7559\u610f\u5230\uff0cUSD\/JPY\u6628\u65e5\u5df2\u51fa\u73fe\u8f03\u6ce2\u52d5\u7684\u4e0b\u884c\u8d70\u52e2\uff0c\u4e14\u57286\u6708\u75b2\u5f31\u7684\u5c31\u696d\u5831\u544a\u516c\u5e03\u524d\u5df2\u958b\u59cb\u3002\u9451\u65bc\u532f\u50f9\u8fd1\u671f\u66fe\u89f8\u53ca172.50\u7684\u6578\u5341\u5e74\u9ad8\u4f4d\uff0c\u6211\u5011\u4e0d\u6392\u9664\u65e5\u672c\u7576\u5c40\u5df2\u958b\u59cb\u5165\u5e02\u5e72\u9810\u3002\u7f8e\u570b\u4eca\u65e5\u7684\u7368\u7acb\u65e5\u5047\u671f\u4ee4\u5e02\u6cc1\u6d41\u52d5\u6027\u504f\u8584\uff0c\u70ba\u5e72\u9810\u5e36\u4f86\u66f4\u5927\u5f71\u97ff\u529b\u63d0\u4f9b\u4e86\u7406\u60f3\u689d\u4ef6\u3002<\/p>\n

\u5728\u6b64\u74b0\u5883\u4e0b\uff0c\u6211\u5011\u9810\u671f\u672a\u4f86\u6578\u65e5\u6ce2\u5e45\u5c07\u986f\u8457\u4e0a\u5347\u3002\u884d\u751f\u54c1\u5e02\u5834\u4ea6\u53cd\u6620\u76f8\u95dc\u9810\u671f\uff0c\u56e0\u70ba\u4e00\u5468\u671fUSD\/JPY\u98a8\u96aa\u9006\u8f49\u5df2\u6025\u632b\u81f3-4.5\uff0c\u53cd\u6620\u5e02\u5834\u5c0d\u53ef\u9632\u7bc4\u532f\u50f9\u7a81\u7136\u4e0b\u8dcc\u7684\u671f\u6b0a\u9700\u6c42\u5f37\u52c1\u3002\u9019\u610f\u5473\u8cb7\u5165\u77ed\u671f\u65e5\u5713\u8a8d\u8cfc\u671f\u6b0a\uff08\u6216USD\/JPY\u8a8d\u6cbd\u671f\u6b0a\uff09\u6216\u5c6c\u8f03\u5be9\u614e\u7684\u90e8\u7f72\uff0c\u4ee5\u61c9\u5c0d\u5b98\u65b9\u884c\u52d5\u3002<\/p>\n

Challenges for Sustained Yen Strength<\/h3>\n

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\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

USD\/JPY\u8dcc\u7a7f161\uff0cING\u6307\u5b98\u5f0f\u5e72\u9810\u98a8\u96aa\u98c6\u5347\uff1a\u5047\u671f\u6d41\u52d5\u6027\u8584\u3001\u7576\u5c40\u6216\u5206\u6bb5\u51fa\u624b\uff1b\u4e00\u5468\u671frisk reversal\u6025\u632b\u81f3-4.5\u3002\u60df\u82e5\u65e5\u9280\u52a0\u606f\u8a0a\u865f\u4e0d\u8f49\u9df9\uff0c\u65e5\u5713\u5347\u52e2\u96e3\u6301\u7e8c\u3002<\/p>\n","protected":false},"author":87,"featured_media":50723,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=51293"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media\/50723"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=51293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=51293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=51293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}