今天公布的美国数据大多处于最弱的一面：

• 费城联储非制造业从上个月的-13.1跌至-32.5
• 消费者信心指数为92.9，而上个月为94.0和100.1。
• 新房销售与预期大致相符
• 里士满联邦储备银行上个月下跌至-4，低于+6

今天早些时候整个曲线上较高的美国收益率现在大多较低：

• 2-年收益率4.019%，-1.7个基点
• 5-年收益率4.077%，-1.6个基点
• 10年期收益率4.322%，-0.8个基点
• 30年期收益率4.662%，+0.7个基点

The USDJPY, already trading lower on the day, extended its losses further as U.S. yields declined and a key technical break added downside momentum. On the 4-小时图, the pair fell 低于150.11至150.28之间的关键摇摆区域, and also 跌破200条移动平均线, currently around 150.00. This break below both technical and psychological support has 将近期偏见更坚定地转向下行.

It's worth noting that just yesterday, the pair had climbed above the 200-bar MA on the 4-hour chart for the first time since 一月27, but that move proved unsustainable. As a result, the 150.00水平现已成为盘中关键阻力位. Staying below it keeps sellers in control, and traders will be watching this level as a 风险标志 for short-term positioning.

To the downside, attention now turns to the 100-小时移动平均线为149.48 (blue line on the hourly chart below). Just below that lies the 200-小时MA为149.17 (green line below), which provided solid support on 上周五两次不同的场合. A break below these hourly MAs would further solidify the bearish momentum and open the door for a deeper pullback.