美元/日元——2025年6月20日。美元兑日元设法突破145.45的阻力位，而市场仍面临146.25-30左右的下行阻力位。正如我们在图表上看到的，只要市场保持在146.25-30以下，再次向142.10下跌的机会仍然存在。146.30以上仍有可能向148.60进一步推进。预计支撑阻力位1 144.30[…]

USD/JPY –20.06.2025.USDJPY managed to break above resistance 145.45 while market still facing downtrend resistance around 146.25-30 As we see over the chart and as long as market holding trades below 146.25-30 the chance for another drop swing toward 142.10 still have chance Above 146.30 more advance toward 148.60 will be expected   SUPPORT RESISTANCE LEVEL1 144.30 […]

日本计划将2025年超长日本国债发行量削减3.2万亿日元。日本将削减40年期债券的发行量，每次拍卖减少1000亿日元。日本将在2025/2026年的原计划基础上削减20年期债券的销售1.8吨日元。

Japan plans to cut 2025 super-long JGB issuance by 3.2T yen.Japan to cut 40 yr bond issuance by 100b yen per auction. Japan to cut sales of 20 year bonds by 1.8t yen from original plan for 2025/2026.

日经225指数周五下跌0.22%，收于38403点，而更广泛的东证指数下跌0.75%，收于2771点，延续了前一交易日的跌幅，因为通胀加速引发了人们对收紧货币政策的担忧。日本5月核心通胀率连续第三个月上升，达到3.7%，为2023年1月以来的最高水平，这增强了人们对日本央行可能继续其政策正常化努力的预期。地缘政治紧张局势也影响了市场情绪，有报道称美国总统唐纳德·特朗普正在考虑对伊朗进行潜在打击，加剧了市场的不确定性。主要下跌股包括三丽鸥（-1.4%）、丰田汽车（-0.9%）、三菱公司（-14%）、三菱重工（-2.6%）和任天堂（-4.1%）。尽管周五有所回落，但这两个基准指数本周均以正值收盘，日经指数上涨1.5%，东证指数上涨0.54%。

The Nikkei 225 fell 0.22% to close at 38,403 on Friday, while the broader Topix Index dropped 0.75% to 2,771, extending losses from the previous session as accelerating inflation raised concerns about tighter monetary policy. Japan’s core inflation rate rose for the third consecutive month in May, reaching 3.7%—the highest level since January 2023—reinforcing expectations that the Bank of Japan may continue its policy normalization efforts. Geopolitical tensions also weighed on sentiment, amid reports that US President Donald Trump is considering a potential strike on Iran, heightening market uncertainty. Major decliners included Sanrio (-1.4%), Toyota Motor (-0.9%), Mitsubishi Corp (-1.4%), Mitsubishi Heavy Industries (-2.6%), and Nintendo (-4.1%). Despite Friday’s pullback, both benchmarks ended the week in positive territory, with the Nikkei gaining 1.5% and the Topix rising 0.54%.

尽管日本CPI通胀数据强劲，但欧元/日元仍上涨至167.50附近。周五欧洲早盘，欧元/日元交叉盘吸引了一些买家至167.50左右。日本央行（BoJ）下一次加息时间的不确定性给日元（JPY）带来了压力。

EUR/JPY extends upside to near 167.50 despite strong Japanese CPI inflation data .The EUR/JPY cross attracts some buyers to around 167.50 during the early European session on Friday. The uncertainty over the timing of the next Bank of Japan (BoJ) rate hike weighs on the Japanese Yen (JPY).