日本央行田村将路线图收紧至2%。日本央行董事会成员田村直树周四为进一步的政策正常化制定了迄今为止最明确的路线图，他表示，央行的基准应该是每隔几个月加息25个基点，直到政策利率达到2%左右，他认为这是一个中性水平。田村表示，“我设想的基线路径是每隔几个月将政策利率提高0.25个百分点，达到2%的中性利率水平。”这突显了日本央行在上周加息至1.0%后日益强硬的立场。

BoJ's Tamura Lays Out Tightening Roadmap to 2%.Bank of Japan board member Naoki Tamura laid out his clearest roadmap yet for further policy normalization on Thursday, saying the central bank's baseline should be to raise interest rates by 25 basis points every few months until the policy rate reaches around 2%, which he views as a neutral level. Tamura said, “what I envisage as a baseline path is raising the policy interest rate by 0.25 percentage points at intervals of a few months toward the neutral interest rate level of 2 percent,” highlighting the BoJ's increasingly hawkish stance following last week's rate hike to 1.0%.

突破：日元保持稳定，交易员对干预保持高度警惕。突破：日元保持稳定，交易员对干预保持高度警惕

Breaking: Japanese Yen holds steady as traders are on high alert for intervention.Breaking: Japanese Yen holds steady as traders are on high alert for intervention

三菱日联金融集团表示，由于日本央行加息未能改变美元/日元走势，干预措施可能会减缓日元下跌。市场对日本央行加息和Katayama-Bessent结盟语言的温和反应是三菱日联金融集团报告中最有力的信号：口头干预和政策收紧正在减缓日元疲软，但都没有扭转这一趋势，这使东京越来越依赖威胁的可信度，而不是其执行。美元/日元保持在161.95以下，表明这一门槛正在得到遵守，但10月份定价上调16个基点无法产生有意义的日元复苏，这表明结构性抛售压力正在压倒利率差异。

MUFG says intervention threat slowing yen slide as BOJ hike fails to shift USD/JPY trend.The market's muted response to both the BOJ hike and the Katayama-Bessent alignment language is the most telling signal in MUFG's note: verbal intervention and policy tightening are doing the job of slowing yen weakness but neither is reversing it, which leaves Tokyo increasingly reliant on the credibility of the threat rather than its execution. USD/JPY remaining below 161.95 shows the threshold is being respected, but the inability of 16 basis points of priced October hikes to generate a meaningful yen recovery suggests structural selling pressure is overwhelming the rate differential story.

欧元/日元价格预测：跌破100天SMA，关注183。欧元/日元价格预测：跌破100天SMA，关注183

EUR/JPY Price Forecast: Tumbles below 100-day SMA, eyes on 183.EUR/JPY Price Forecast: Tumbles below 100-day SMA, eyes on 183