土耳其里拉/日元 (TRYJPY) 加自选

日本10月工业生产环比增长1.4%，受汽车反弹影响，但波动仍将继续。日本10月份工业生产环比增长1.4%，大大超过了-0.6%的下降预期。反弹主要是由于机动车产量增长6.6%，该行业受益于美国对日本汽车的关税从9月中旬的27.5%降至15%。

Japan industrial production surges 1.4% mom in October on auto rebound, but fluctuation to continue.Japan's industrial production rose 1.4% mom in October, sharply beating expectations of a -0.6% decline. The rebound was driven primarily by a 6.6% jump in motor vehicle output, a sector benefiting from the U.S. tariff rate on Japanese cars being reduced to 15% from 27.5% in mid-September.

日本央行外汇干预：机制、影响和历史先例。日本的外汇（FX）干预是由一种独特的分工定义的，日本央行（BoJ）严格作为财政部（MOF）的代理人。外汇政策从根本上说是一项财政决策，在财政部长的授权下执行，以“遏制过度波动”并稳定被认为与经济基本面不符的汇率。

Bank of Japan's FX Intervention: Mechanism, Impact, and Historical Precedent.Foreign exchange (FX) intervention in Japan is defined by a unique division of labor where the Bank of Japan (BoJ) acts strictly as an agent for the Ministry of Finance (MOF). FX policy is fundamentally a fiscal decision, executed under the authority of the Minister of Finance to “contain excessive fluctuations” and stabilize exchange rates deemed inconsistent with economic fundamentals.

日元预测：东京通胀与美联储降息发生冲突。日本央行加息猜测上升，因为东京通胀和强劲的零售销售提振了日元预期，而美联储的降息则造成了美元/日元价格的波动。

Japanese Yen Forecast: Sticky Tokyo Inflation Clash with Fed Cut Bets.BoJ rate hike speculation rises as Tokyo inflation and strong retail sales lift yen expectations, while Fed cut bets create volatile USD/JPY price dynamics.

美元/日元前景：东京通胀使日本央行12月加息。东京的通胀高于预期，交易员们准备最早在12月加息，2026年进一步紧缩的可能性急剧上升。尽管美元/日元已连续数周保持坚挺，但最近上涨趋势的突破和势头的减弱表明，看涨势头可能正在失去动力。

USD/JPY outlook: Tokyo inflation keeps December BOJ hike in play.Tokyo's hotter-than-expected inflation has traders bracing for a BOJ rate hike as early as December, with odds climbing sharply for further tightening in 2026. While USD/JPY has held firm for weeks, the break of its recent uptrend and fading momentum suggest the bullish run may be losing steam.