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2025-10-29 17:50:09
[USD/JPY Breaks Through 152.5, Nikkei Stocks Surpass 50,000 Points, Triggering a Chain Reaction in the Currency Market] ⑴ The USD/JPY pair rose from 151.54 to 152.54 on Wednesday, a single-day increase of 100 points, showing a strong breakout pattern. ⑵ The Nikkei index broke through the historical 51,000-point mark for the first time, with currency hedging operations simultaneously driving capital inflows. ⑶ Although technical charts show a divergence between bullish and bearish forces during the day, the upward trend remains dominant. ⑷ The across-the-board strengthening of the US dollar was mainly driven by optimism surrounding the US-China trade agreement, with risk appetite significantly rebounding. ⑸ The EUR/JPY pair fluctuated between 176.70 and 177.40 on Wednesday, still below the historical high of 178.23 reached on Monday. ⑹ Market participants are calling on the Japanese government to give the central bank room to raise interest rates, paving the way for the normalization of monetary policy. ⑺ The Bank of Japan will hold a policy meeting this week, and the market generally expects it to maintain interest rates unchanged.
