澳元/日元 (AUDJPY) 加自选

澳元/日元跌破92.00，因澳大利亚储备银行降息预期而小幅下跌。澳元/日元暂停了三天的连胜，周一欧洲早盘交易时间接近91.80。由于对澳大利亚储备银行（RBA）将在5月降息25个基点的预期越来越高，澳元（AUD）面临压力，货币交叉走弱。

AUD/JPY trades below 92.00, edges lower due to RBA rate cut expectations.AUD/JPY pauses its three-day winning streak, trading near 91.80 during early European hours on Monday. The currency cross weakens as the Australian Dollar (AUD) comes under pressure, driven by growing expectations that the Reserve Bank of Australia (RBA) will cut interest rates by 25 basis points in May.

美元/日元预测：日本央行决策前形成风险模式。随着美元指数（DXY）从今年最低水平回升，美元/日元汇率上周反弹。该货币对从周一的低点139.95升至143.2的高点，较今年的最低水平上涨2.7%。

USD/JPY forecast: risky pattern forms ahead of BoJ decision.The USD/JPY exchange rate rebounded last week as the US Dollar Index (DXY) recovered from its lowest level of the year. The pair rose from a low of 139.95 on Monday to a high of 143.2, up by 2.7% from its lowest level this year.

周一，日本10年期政府债券收益率下跌约2个基点，至1.32%左右，因为投资者在本周日本央行货币政策会议之前采取了谨慎的立场。人们普遍预计，央行将把政策利率稳定在0.5%，同时评估美国关税对日本出口依赖型经济的潜在影响。上周，日本财务大臣加藤胜信和美国财政部长斯科特·贝塞特在华盛顿举行的国际货币基金组织和世界银行春季会议期间举行了闭门会议。尽管加藤没有透露细节，但他强调，日本和美国将就汇率问题保持密切和建设性的对话，这表明货币问题可能会成为更广泛贸易谈判的因素。与此同时，日本首席贸易谈判代表赤泽良将于本周访问华盛顿，进行第二轮双边贸易讨论。

Japan’s 10-year government bond yield fell about 2 basis points to around 1.32% on Monday, as investors adopted a cautious stance ahead of the Bank of Japan’s monetary policy meeting this week. The central bank is widely expected to hold its policy rate steady at 0.5% while assessing the potential impact of US tariffs on Japan’s export-reliant economy. Last week, Japanese Finance Minister Katsunobu Kato and US Treasury Secretary Scott Besset held a closed-door meeting during the IMF and World Bank spring meetings in Washington. Although Kato did not disclose details, he emphasized that Japan and the US would maintain close and constructive dialogue on exchange rates, suggesting that currency issues could factor into broader trade talks. Meanwhile, Japan’s top trade negotiator, Ryosei Akazawa, is set to visit Washington this week for a second round of bilateral trade discussions.

欧元/日元跌破163.00，因贸易相关的不确定性有利于避险货币日元。欧元/日元交叉盘以弱势开始新的一周，并从周五触及的163.75附近的三周高点移开。尽管缺乏看跌信心，但在亚洲时段，下行轨迹将现货价格拉回163.00大关以下。

EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY.The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction.