美元/日元触及阻力位：看跌信号警告潜在顶部。美元/日元可以说是最不稳定的外汇货币对，今年肯定保持了其声誉，不断出现上涨和下跌趋势。

USD/JPY Hits Resistance: Bearish Signal Warns of a Potential Top.USD/JPY, arguably the most volatile FX currency pair, has certainly held its reputation this year with a constant flurry of uptrends and downtrends.

2025年9月，日本家庭支出同比增长1.8%，低于市场预期的2.5%，较上月2.3%的增长有所放缓。尽管有所放缓，但这标志着个人支出连续第五个月增长，表明消费者活动持续复苏，尽管速度较慢。 交通和通信（8月份为11.5%对13.5%）以及文化和娱乐（6.4%对12.2%）的支出增长速度较慢。与此同时，食品（-0.5%对-1.2%）、住房（-7.0%对-0.7%）、燃料、照明和水费（-2.4%对4.7%）、教育（-6.0%对16.9%）以及服装和鞋类（-7.4%对5.4%）的支出疲软。相比之下，医疗保健支出加速（11.1%对1.7%），而 家具和家居用品（0.5%对-6.8%）。按月计算，个人支出下降0.7%，扭转了8月份0.6%的增长，这是三个月来的首次下降。

Household spending in Japan rose 1.8% yoy in September 2025, missing market estimates of 2.5% and easing from a 2.3% growth in the prior month. Despite the moderation, it marked the fifth straight month of increase in personal expenditure, indicating a continued, though slower, recovery in consumer activity. Expenditures grew at milder pace for transportation & communication (11.5% vs 13.5% in August) and culture & recreation (6.4% vs 12.2%). Simultaneously, spending was weak for food (-0.5% vs -1.2%), housing (-7.0% vs -0.7%), fuel, light & water charges (-2.4% vs 4.7%), education (-6.0% vs 16.9%), and clothing & footwear (-7.4% vs 5.4%). In contrast, expenditures accelerated for medical care (11.1% vs 1.7%) while rebounded for furniture & household items (0.5% vs -6.8%). On a monthly basis, personal spending fell 0.7%, reversing a 0.6% rise in August and marking the first decline in three months.

日元预测：美元/日元上涨，因支出疲软导致日本央行加大赌注。日本消费降温和工资势头缓和提振了美元/日元，干预风险和美联储削减投机影响了该货币对的短期走势。

Japanese Yen Forecast: USD/JPY Rises as Weak Spending Tempers BoJ Hike Bets.Cooling Japanese consumption and easing wage momentum lift USD/JPY, with intervention risks and Fed cut speculation influencing the pair's short-term direction.

日本9月家庭总支出（同比）低于预期（2.5%）：实际（1.8%）。日本9月家庭总支出（同比）低于预期（2.5%）：实际（1.8%）

Japan Overall Household Spending (YoY) below expectations (2.5%) in September: Actual (1.8%).Japan Overall Household Spending (YoY) below expectations (2.5%) in September: Actual (1.8%)