{"id":45001,"date":"2026-04-18T03:52:04","date_gmt":"2026-04-18T03:52:04","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%97%a5%e6%9c%accftc%e9%9d%9e%e5%95%86%e4%b8%9a%e6%97%a5%e5%85%83%e5%87%80%e6%8c%81%e4%bb%93%e9%99%8d%e8%87%b3-83-2%e4%b8%87%e6%97%a5%e5%85%83%ef%bc%8c%e8%be%83%e5%89%8d%e5%80%bc-9-37%e4%b8%87\/"},"modified":"2026-04-18T03:52:04","modified_gmt":"2026-04-18T03:52:04","slug":"%e6%97%a5%e6%9c%accftc%e9%9d%9e%e5%95%86%e4%b8%9a%e6%97%a5%e5%85%83%e5%87%80%e6%8c%81%e4%bb%93%e9%99%8d%e8%87%b3-83-2%e4%b8%87%e6%97%a5%e5%85%83%ef%bc%8c%e8%be%83%e5%89%8d%e5%80%bc-9-37%e4%b8%87","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%97%a5%e6%9c%accftc%e9%9d%9e%e5%95%86%e4%b8%9a%e6%97%a5%e5%85%83%e5%87%80%e6%8c%81%e4%bb%93%e9%99%8d%e8%87%b3-83-2%e4%b8%87%e6%97%a5%e5%85%83%ef%bc%8c%e8%be%83%e5%89%8d%e5%80%bc-9-37%e4%b8%87\/","title":{"rendered":"\u65e5\u672cCFTC\u975e\u5546\u4e1a\u65e5\u5143\u51c0\u6301\u4ed3\u964d\u81f3-83.2\u4e07\u65e5\u5143\uff0c\u8f83\u524d\u503c-9.37\u4e07\u65e5\u5143\u8fdb\u4e00\u6b65\u6076\u5316"},"content":{"rendered":"

CFTC \u6570\u636e\u663e\u793a\uff0c\u65e5\u5143\uff08JPY\uff09\u975e\u5546\u4e1a\uff08\u6295\u673a\u8d44\u91d1\uff09\u51c0\u6301\u4ed3\u4e3a \u00a5-832K\uff0c\u524d\u503c\u4e3a \u00a5-93.7K\u3002<\/p>\n

\u8fd9\u4ee3\u8868\u6295\u673a\u8d44\u91d1\u8fdb\u4e00\u6b65\u52a0\u7801\u201c\u51c0\u7a7a\u201d\uff08\u770b\u8dcc\u65e5\u5143\uff09\u3002\u4e0e\u4e0a\u4e00\u4efd\u62a5\u544a\u76f8\u6bd4\uff0c\u51c0\u6301\u4ed3\u51cf\u5c11 \u00a5-738.3K\u3002<\/p>\n

\u6295\u673a\u4ed3\u4f4d\u89e6\u53ca\u6781\u7aef\u770b\u7a7a<\/h3>\n

\u6700\u65b0\u6570\u636e\u663e\u793a\uff0c\u6295\u673a\u8d44\u91d1\u5927\u5e45\u589e\u52a0\u65e5\u5143\u7a7a\u4ed3\u3002\u6295\u673a\u8005\u6301\u6709\u7684\u51c0\u7a7a\u4ed3\u6269\u5927\u81f3 -832,000 \u5f20\u5408\u7ea6\uff0c\u53cd\u6620\u5e02\u573a\u60c5\u7eea\u9ad8\u5ea6\u504f\u5411\u770b\u7a7a\uff0c\u8d44\u91d1\u666e\u904d\u62bc\u6ce8\u65e5\u5143\u7ee7\u7eed\u8d70\u5f31\u3002<\/p>\n

\u8fd1\u671f USD\/JPY\uff08\u7f8e\u5143\u5151\u65e5\u5143\uff09\u5347\u7834 168\uff0c\u5e02\u573a\u4e3b\u8981\u8d8b\u52bf\u4ecd\u662f\u5356\u51fa\u65e5\u5143\u3002\u63a8\u52a8\u56e0\u7d20\u662f\u65e5\u672c\u592e\u884c\u4e0e\u7f8e\u56fd\u8054\u50a8\u4e4b\u95f4\u957f\u671f\u5b58\u5728\u7684\u5229\u7387\u5dee\u3002\u653f\u5e9c\u6570\u636e\u6307\u8be5\u5dee\u8ddd\u4ecd\u8d85\u8fc7 500 \u4e2a\u57fa\u70b9\uff08bps\uff0c\u5e38\u7528\u6765\u8868\u793a\u5229\u7387\u5dee\uff1b1 \u4e2a\u57fa\u70b9=0.01%\uff0c500 \u4e2a\u57fa\u70b9=5%\uff09\u3002\u867d\u7136\u987a\u52bf\u4ea4\u6613\u5f88\u5e38\u89c1\uff0c\u4f46\u8fd9\u79cd\u201c\u4ed3\u4f4d\u8fc7\u5ea6\u96c6\u4e2d\u201d\u9700\u8981\u63d0\u9ad8\u8b66\u60d5\u3002<\/p>\n

\u6211\u4eec\u8ba4\u4e3a\u8fd9\u66f4\u50cf\u201c\u53cd\u5411\u6307\u6807\u201d\uff08contrarian indicator\uff1a\u5f53\u5e02\u573a\u4e00\u8fb9\u5012\u65f6\uff0c\u53cd\u800c\u66f4\u5bb9\u6613\u51fa\u73b0\u53cd\u8f6c\uff09\uff0c\u56e0\u4e3a\u8fc7\u5ea6\u62e5\u6324\u7684\u4ea4\u6613\u5bb9\u6613\u88ab\u7a81\u53d1\u6d88\u606f\u5f15\u53d1\u5feb\u901f\u56de\u8c03\u3002\u56de\u770b 2024 \u5e74\u6625\u5b63\uff0cUSD\/JPY \u63a5\u8fd1 160 \u65f6\u4e5f\u66fe\u51fa\u73b0\u7c7b\u4f3c\u7684\u6781\u7aef\u770b\u7a7a\uff0c\u968f\u540e\u65e5\u672c\u5f53\u5c40\u679c\u65ad\u51fa\u624b\u5e72\u9884\uff0c\u5bfc\u81f4\u201c\u7a7a\u5934\u56de\u8865\u6324\u538b\u201d\uff08short squeeze\uff1a\u7a7a\u5934\u88ab\u8feb\u4e70\u56de\u65e5\u5143\u5e73\u4ed3\uff0c\u63a8\u52a8\u6c47\u4ef7\u5feb\u901f\u53cd\u5411\u6ce2\u52a8\uff09\u3002\u56e0\u6b64\uff0c\u7ee7\u7eed\u62bc\u6ce8\u65e5\u5143\u5e73\u7a33\u8d2c\u503c\uff0c\u98ce\u9669\u660e\u663e\u504f\u9ad8\u3002<\/p>\n

\u7a7a\u5934\u76ee\u524d\u6700\u5927\u7684\u98ce\u9669\u6765\u81ea\u65e5\u672c\u8d22\u52a1\u7701\u76f4\u63a5\u201c\u5165\u5e02\u5e72\u9884\u201d\uff08market intervention\uff1a\u5b98\u65b9\u5728\u5916\u6c47\u5e02\u573a\u4e70\u5356\u8d27\u5e01\u4ee5\u5f71\u54cd\u6c47\u7387\uff09\u3002\u5b98\u5458\u8fd1\u671f\u5bf9\u201c\u8fc7\u5ea6\u6ce2\u52a8\u201d\u7684\u8b66\u544a\u66f4\u9891\u5bc6\uff0c\u82e5 USD\/JPY \u903c\u8fd1 170\uff0c\u53ef\u80fd\u6210\u4e3a\u89e6\u53d1\u70b9\u3002\u56e0\u6b64\uff0c\u6301\u6709 USD\/JPY \u591a\u5934\uff08\u505a\u591a\u7f8e\u5143\u3001\u505a\u7a7a\u65e5\u5143\uff09\u7684\u4ea4\u6613\u8005\uff0c\u5e94\u628a\u8fd9\u9879\u8fd1\u5728\u773c\u524d\u7684\u653f\u7b56\u98ce\u9669\u7eb3\u5165\u4ed3\u4f4d\u7ba1\u7406\u3002<\/p>\n

\u7528\u671f\u6743\u5bf9\u51b2\u5e72\u9884\u98ce\u9669<\/h3>\n

\u5728\u8fd9\u79cd\u73af\u5883\u4e0b\uff0c\u4e70\u5165\u201c\u4ef7\u5916\u201d\u65e5\u5143\u770b\u6da8\u671f\u6743\uff08out-of-the-money JPY call\uff1a\u884c\u6743\u4ef7\u6bd4\u5f53\u524d\u66f4\u6709\u5229\u4e8e\u65e5\u5143\u5347\u503c\uff0c\u6210\u672c\u901a\u5e38\u8f83\u4f4e\uff09\uff0c\u6216\u4e70\u5165 USD\/JPY \u770b\u8dcc\u671f\u6743\uff08put\uff1a\u62bc\u6ce8\u7f8e\u5143\u5151\u65e5\u5143\u4e0b\u8dcc\uff09\uff0c\u53ef\u4f5c\u4e3a\u672a\u6765\u6570\u5468\u8f83\u5408\u9002\u7684\u5bf9\u51b2\u7b56\u7565\u3002\u671f\u6743\u5c5e\u4e8e\u201c\u884d\u751f\u54c1\u201d\uff08derivatives\uff1a\u4ef7\u683c\u6765\u81ea\u6807\u7684\u8d44\u4ea7\uff0c\u5982\u6c47\u7387\uff09\uff0c\u4f18\u70b9\u662f\u6210\u672c\u53ef\u63a7\u3001\u98ce\u9669\u6709\u9650\uff0c\u540c\u65f6\u6709\u673a\u4f1a\u5728\u5e72\u9884\u5f15\u53d1\u7a81\u7136\u53cd\u8f6c\u65f6\u83b7\u5229\u3002\u8fd9\u76f8\u5f53\u4e8e\u7528\u8f83\u5c0f\u6210\u672c\u53bb\u9632\u8303\u5f53\u524d\u62e5\u6324\u7684\u65e5\u5143\u7a7a\u4ed3\u98ce\u9669\uff0c\u5e76\u62bc\u6ce8\u5b98\u65b9\u53ef\u80fd\u51fa\u624b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

CFTC \u663e\u793a\u6295\u673a\u65e5\u5143\u51c0\u7a7a\u6269\u81f3 -83.2 \u4e07\u5f20\uff0c\u7a7a\u4ed3\u6781\u7aef\u62e5\u6324\uff1bUSD\/JPY \u5347\u7834 168\u3001\u5229\u5dee\u903e 500bp\u3002\u8b66\u60d5\u903c\u8fd1 170 \u89e6\u53d1\u5e72\u9884\u4e0e\u6324\u538b\uff0c\u5b9c\u7528\u671f\u6743\u5bf9\u51b2\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-45001","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=45001"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45001\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=45001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=45001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=45001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}