高盛:美國實際利率上升將導致日圓走弱
高盛發表報告,認為美國債券市場帶來的壓力可能導致日圓在短期內偏軟,抵銷市場憧憬日本央行收緊政策的積極影響。因對日圓走勢的最重要影響是來自美國的實際利率,即使日本央行轉向鷹派,在目前的市場環境下亦不利日圓大幅升值。
高盛稱,如果市場繼續消化美國經濟增長具有韌性以及加息次數較預期多,日圓走勢可能會進一步轉差,因當經通脹調整後美國孳息率上升時,日圓通常會走弱。
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