CPT MarketsThe Bank of Japan's maintenance of loose monetary policy caused the yen to plummet to its lowest level this year...

dollar/Japanese yen (USDJPY)：

After a significant surge in the US dollar against the Japanese yen on Tuesday, it rose to151.30Nearby, the Bank of Japan only made slight adjustments to its policy settings, disappointing the market and causing the yen to fall to its lowest level since the beginning of this year.

On Tuesday, the Bank of Japan relaxed its control on bond yields, which seems to have failed to meet market expectations for clearer signs of progress in policy tightening. This currency has appeared since4The largest daily decline since the beginning of the month has pushed it to a new low so far this year and increased the risk of government action. Wolfe ResearchanalystChris SenyekIt is stated that the yen may continue to weaken, and the Bank of Japan will be forced to shift towards a more hawkish tone in the coming weeks.

Yesterday's financial event data was released by the Chicago branch of the Purchasing Managers Association of America10monthPMISlightly lower than expected to44When the index is below50%Especially very close40%At that time, there were concerns about economic depression. In addition, the American Chamber of Commerce has announced10The monthly consumer index is generally higher than expected, indicating that consumers are optimistic about current and future economic conditions. In terms of interest rate policy, the Bank of Japan announced that the interest rate policy will remain at-0.1%。

From the upward direction, the upper suppression(Upper resistance) 151.30，151.80； From the downward direction, the lower support150.90。

euro/GBP (EURGBP)：

The euro rose against the pound on Tuesday and fell back behind, dropping to0.8710Nearby, the euro was previously supported by a slowdown in inflationary pressure, reaching a new high in five months. However, due to the subsequent easing of inflationary pressure in the eurozoneGDPThe weak data has put pressure on the downward volatility of the euro.

Member of the European Central Bank Council and Governor of the Bank of Estonia on Tuesday Muller It is stated that the geopolitical tension in the Middle East is leading to a resurgence in energy prices, and this tension may spread as one of the main risks facing inflation in the eurozone. However, the recent sustained slowdown in consumer inflation will cause the European Central Bank toECBDecision makers can continue to provide neutral interest rate guidance. On the pound side, the market is waiting for the Bank of EnglandBOEThe interest rate decision to be announced on Thursday. Although the consumption inflation rate of the UK economy isG7 The highest in the economy, but the market generally expects Bank of England Governor Bailey to make a stable interest rate decision, as the UK economy is facing recession due to weak labor demand, sluggish consumer spending, and deepening tensions in the Middle East. More rate hikes by the Bank of England will deepen concerns about economic recession.

Yesterday, in terms of financial event data, the Eurostat announced the third quarter of the eurozoneGDPThe annual and quarterly rates have all fallen below expectations0.1%and-0.1%Although the French National Bureau of Statistics has released quarterly annual rates as expected0.7%and0.1%However, all of them are lower than the previous values, reflecting a contraction in the gross domestic product of eurozone countries. In addition, the Federal Bureau of Statistics of Germany has announced9The monthly actual retail sales month to month rate has decreased compared to expectations-4.3%and-0.8%This indicates a decrease in market demand for retail goods. In terms of inflation data, EurostatEurostatAnnouncement of the Eurozone10Monthly harmonyCPIThe monthly rate is lower than expected until2.9%and0.1%After excluding food and fuel, the core annual rate decreased year-on-year to5%and0.2%, indicating a slowdown in inflationary pressure. In addition to inflation data, the Eurostat report indicates that trade groups are 7-9 The economy shrank in the quarter of the month 0.1%However, the market forecast is stagnant. stay 4-6 The monthly economy has grown 0.1%. Economic activity in the Old World remains weak as it struggles to digest the consequences of the European Central Bank's interest rate hikes.

From the upward direction, the upper suppression(Upper resistance) 0.8710，0.8760； From the downward direction, the lower support0.8690。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.