{"id":9403,"date":"2026-05-06T08:17:39","date_gmt":"2026-05-06T08:17:39","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9403"},"modified":"2026-05-06T08:17:42","modified_gmt":"2026-05-06T08:17:42","slug":"with-the-rules-for-yen-intervention-becoming-clearer-the-interplay-between-policy-bottom-lines-and-market-dynamics-has-entered-a-new-phase","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/with-the-rules-for-yen-intervention-becoming-clearer-the-interplay-between-policy-bottom-lines-and-market-dynamics-has-entered-a-new-phase\/","title":{"rendered":"V\u1edbi c\u00e1c quy \u0111\u1ecbnh v\u1ec1 can thi\u1ec7p v\u00e0o \u0111\u1ed3ng y\u00ean ng\u00e0y c\u00e0ng r\u00f5 r\u00e0ng h\u01a1n, m\u1ed1i t\u01b0\u01a1ng t\u00e1c gi\u1eefa \u0111i\u1ec3m m\u1ea5u ch\u1ed1t c\u1ee7a ch\u00ednh s\u00e1ch v\u00e0 \u0111\u1ed9ng l\u1ef1c th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 b\u01b0\u1edbc v\u00e0o m\u1ed9t giai \u0111o\u1ea1n m\u1edbi"},"content":{"rendered":"

Nh\u1eefng bi\u1ebfn \u0111\u1ed9ng trong ng\u00e0y g\u1ea7n \u0111\u00e2y c\u1ee7a \u0111\u1ed3ng Y\u00ean Nh\u1eadt \u0111\u00e3 thu h\u00fat s\u1ef1 ch\u00fa \u00fd \u0111\u00e1ng k\u1ec3 tr\u00ean th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7 to\u00e0n c\u1ea7u. B\u1ed9 T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n \u0111\u00e3 c\u00f4ng khai gi\u1ea3i th\u00edch c\u00e1c quy \u0111\u1ecbnh can thi\u1ec7p ngo\u1ea1i h\u1ed1i c\u1ee7a IMF m\u1ed9t c\u00e1ch b\u1ea5t th\u01b0\u1eddng, x\u00e1c \u0111\u1ecbnh r\u00f5 r\u00e0ng ranh gi\u1edbi cho c\u00e1c h\u00e0nh \u0111\u1ed9ng ch\u00ednh s\u00e1ch trong t\u01b0\u01a1ng lai. D\u1ef1a tr\u00ean nh\u1eefng tuy\u00ean b\u1ed1 m\u1edbi nh\u1ea5t t\u1eeb \u200b\u200bc\u00e1c quan ch\u1ee9c Nh\u1eadt B\u1ea3n, d\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng c\u1ee7a Bloomberg v\u00e0 t\u00ednh to\u00e1n t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 l\u1edbn, nh\u00f3m chi\u1ebfn l\u01b0\u1ee3c ngo\u1ea1i h\u1ed1i c\u1ee7a ACE Markets tin r\u1eb1ng ch\u00ednh quy\u1ec1n Nh\u1eadt B\u1ea3n \u0111\u00e3 truy\u1ec1n t\u1ea3i r\u00f5 r\u00e0ng t\u00edn hi\u1ec7u ch\u00ednh s\u00e1ch \u201c\u1ee7ng h\u1ed9 v\u1eefng ch\u1eafc \u0111\u1ed3ng y\u00ean trong khi tu\u00e2n th\u1ee7 nghi\u00eam ng\u1eb7t c\u00e1c quy t\u1eafc\u201d. Trong ng\u1eafn h\u1ea1n, \u0111\u1ed3ng y\u00ean s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c s\u1ef1 h\u1ed7 tr\u1ee3 k\u00e9p t\u1eeb k\u1ef3 v\u1ecdng v\u1ec1 s\u1ef1 can thi\u1ec7p v\u00e0 t\u0103ng l\u00e3i su\u1ea5t, nh\u01b0ng c\u00e1c \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i khi\u1ebfn \u0111\u1ed3ng y\u00ean m\u1ea5t gi\u00e1 trong d\u00e0i h\u1ea1n v\u1ec1 c\u01a1 b\u1ea3n v\u1eabn ch\u01b0a \u0111\u1ea3o ng\u01b0\u1ee3c.<\/p>\n

<\/a>Quan \u0111i\u1ec3m ch\u00ednh th\u1ee9c v\u1ec1 c\u00e1c quy t\u1eafc can thi\u1ec7p l\u00e0: kh\u00f4ng gian ho\u1ea1t \u0111\u1ed9ng r\u00f5 r\u00e0ng v\u00e0 ranh gi\u1edbi th\u1ec3 ch\u1ebf.<\/strong><\/p>\n

ACE Markets l\u01b0u \u00fd r\u1eb1ng v\u00e0o th\u1ee9 Hai, m\u1ed9t quan ch\u1ee9c c\u1ea5p cao c\u1ee7a B\u1ed9 T\u00e0i ch\u00ednh \u0111i c\u00f9ng B\u1ed9 tr\u01b0\u1edfng T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n Satsuki Katayama trong chuy\u1ebfn \u0111i c\u1ee7a \u00f4ng l\u1ea7n \u0111\u1ea7u ti\u00ean \u0111\u00e3 c\u00f4ng khai tr\u00edch d\u1eabn khu\u00f4n kh\u1ed5 quy t\u1eafc c\u1ee7a IMF, \u0111\u01b0a ra l\u1eddi gi\u1ea3i th\u00edch c\u00f3 c\u0103n c\u1ee9 v\u1ec1 \u0111\u1ecbnh ngh\u0129a th\u1ed1ng k\u00ea v\u1ec1 can thi\u1ec7p v\u00e0o th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i: c\u00e1c h\u00e0nh \u0111\u1ed9ng can thi\u1ec7p trong ba ng\u00e0y l\u00e0m vi\u1ec7c li\u00ean ti\u1ebfp s\u1ebd \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t h\u00e0nh \u0111\u1ed9ng can thi\u1ec7p v\u00e0o th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i. s\u1ef1 ki\u1ec7n can thi\u1ec7p duy nh\u1ea5t <\/strong>. Ngay c\u1ea3 khi Nh\u1eadt B\u1ea3n \u0111ang trong ng\u00e0y ngh\u1ec9 l\u1ec5, mi\u1ec5n l\u00e0 th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u giao d\u1ecbch b\u00ecnh th\u01b0\u1eddng th\u00ec ho\u1ea1t \u0111\u1ed9ng v\u00e0o ng\u00e0y \u0111\u00f3 v\u1eabn c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u00ednh v\u00e0o nh\u1eefng ng\u00e0y can thi\u1ec7p li\u00ean ti\u1ebfp. Theo \u0111\u1ecbnh ngh\u0129a n\u00e0y, s\u1ef1 can thi\u1ec7p b\u1ecb nghi ng\u1edd t\u1eeb ng\u00e0y 30 th\u00e1ng 4 (Th\u1ee9 N\u0103m tu\u1ea7n tr\u01b0\u1edbc) \u0111\u1ebfn ng\u00e0y 4 th\u00e1ng 5 (Th\u1ee9 Hai) c\u1ea5u th\u00e0nh m\u1ed9t ho\u1ea1t \u0111\u1ed9ng ho\u00e0n ch\u1ec9nh.<\/p>\n

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Quan tr\u1ecdng h\u01a1n, quan ch\u1ee9c \u0111\u00e3 x\u00e1c \u0111\u1ecbnh r\u00f5 ranh gi\u1edbi m\u00e0u \u0111\u1ecf cho t\u1ea7n su\u1ea5t can thi\u1ec7p: kh\u00f4ng qu\u00e1 ba bi\u1ec7n ph\u00e1p can thi\u1ec7p nh\u01b0 v\u1eady trong v\u00f2ng s\u00e1u th\u00e1ng s\u1ebd v\u1eabn \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau ch\u00ed ph\u00e2n lo\u1ea1i c\u1ee7a IMF v\u1ec1 \u201cch\u1ebf \u0111\u1ed9 t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i th\u1ea3 n\u1ed5i t\u1ef1 do\u201d <\/strong>; n\u1ebfu c\u00f3 nhi\u1ec1u h\u01a1n ba \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n, vi\u1ec7c ph\u00e2n lo\u1ea1i ch\u1ebf \u0111\u1ed9 t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i s\u1ebd b\u1ecb h\u1ea1 xu\u1ed1ng th\u00e0nh \u201cth\u1ea3 n\u1ed5i\u201d. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 t\u00ednh \u0111\u1ebfn th\u00e1ng 11 n\u0103m nay, ch\u00ednh quy\u1ec1n Nh\u1eadt B\u1ea3n ch\u1ec9 c\u00f2n l\u1ea1i hai c\u1eeda s\u1ed5 can thi\u1ec7p \u0111\u1ea7y \u0111\u1ee7, m\u1ed7i c\u1eeda s\u1ed5 k\u00e9o d\u00e0i t\u1ed1i \u0111a ba ng\u00e0y giao d\u1ecbch. ACE Markets tin r\u1eb1ng vi\u1ec7c ch\u00ednh quy\u1ec1n ch\u1ee7 \u0111\u1ed9ng l\u00e0m r\u00f5 c\u00e1c quy \u0111\u1ecbnh kh\u00f4ng ph\u1ea3i l\u00e0 h\u1ea1n ch\u1ebf \u0111\u1ed1i v\u1edbi h\u00e0nh \u0111\u1ed9ng c\u1ee7a ch\u00ednh h\u1ecd m\u00e0 l\u00e0 mang l\u1ea1i t\u00ednh h\u1ee3p ph\u00e1p v\u1ec1 m\u1eb7t th\u1ec3 ch\u1ebf cho c\u00e1c bi\u1ec7n ph\u00e1p can thi\u1ec7p li\u00ean t\u1ee5c v\u00e0 theo giai \u0111o\u1ea1n ti\u1ebfp theo, \u0111\u1ed3ng th\u1eddi g\u1eedi t\u00edn hi\u1ec7u \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng r\u1eb1ng \u201cc\u00e1c ho\u1ea1t \u0111\u1ed9ng ch\u00ednh s\u00e1ch \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd v\u00e0 s\u1ebd kh\u00f4ng c\u00f3 s\u1ef1 can thi\u1ec7p kh\u00f4ng gi\u1edbi h\u1ea1n\u201d, gi\u00fap \u1ed5n \u0111\u1ecbnh k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n

<\/a>\u0110i\u1ec3m m\u1ea5u ch\u1ed1t c\u1ee7a ch\u00ednh s\u00e1ch r\u1ea5t r\u00f5 r\u00e0ng: m\u1ed1c 160 \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t tuy\u1ebfn ph\u00f2ng th\u1ee7 kh\u00f4ng th\u1ec3 v\u01b0\u1ee3t qua.<\/strong><\/p>\n

Tu\u1ea7n tr\u01b0\u1edbc, \u0111\u1ed3ng y\u00ean m\u1ea5t gi\u00e1 xu\u1ed1ng m\u1ee9c th\u1ea5p nh\u1ea5t nhi\u1ec1u n\u0103m l\u00e0 160,72, khi\u1ebfn th\u1ecb tr\u01b0\u1eddng tin r\u1eb1ng ch\u00ednh quy\u1ec1n Nh\u1eadt B\u1ea3n \u0111\u00e3 can thi\u1ec7p v\u00e0o ng\u00e0y 30 th\u00e1ng 4. Bloomberg \u01b0\u1edbc t\u00ednh cho th\u1ea5y kho\u1ea3n can thi\u1ec7p l\u00ean t\u1edbi kho\u1ea3ng 5,4 ngh\u00ecn t\u1ef7 y\u00ean (34,5 t\u1ef7 USD), t\u01b0\u01a1ng \u0111\u01b0\u01a1ng v\u1edbi l\u1ea7n can thi\u1ec7p v\u00e0o n\u0103m 2024. M\u1eb7c d\u00f9 c\u00e1c quan ch\u1ee9c Nh\u1eadt B\u1ea3n ch\u01b0a x\u00e1c nh\u1eadn b\u1ea5t k\u1ef3 s\u1ef1 can thi\u1ec7p n\u00e0o, Satsuki Katayama \u0111\u00e3 nh\u1eafc l\u1ea1i h\u00f4m th\u1ee9 Hai r\u1eb1ng Nh\u1eadt B\u1ea3n \u201cs\u1eb5n s\u00e0ng th\u1ef1c hi\u1ec7n h\u00e0nh \u0111\u1ed9ng t\u00e1o b\u1ea1o ch\u1ed1ng l\u1ea1i ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7u c\u01a1 ti\u1ec1n t\u1ec7\u201d, ti\u1ebfp t\u1ee5c s\u1ef1 \u0111\u1ed3ng thu\u1eadn \u0111\u1ea1t \u0111\u01b0\u1ee3c trong n\u0103m ngo\u00e1i. Hi\u1ec7p \u0111\u1ecbnh t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i Nh\u1eadt-M\u1ef9.<\/p>\n

ACE Markets, k\u1ebft h\u1ee3p v\u1edbi c\u00e1c ph\u00e2n t\u00edch t\u1eeb Goldman Sachs, TD Securities v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c kh\u00e1c, tin r\u1eb1ng m\u1ee9c 160 USD\/JPY \u0111\u00e3 tr\u1edf th\u00e0nh \u0111i\u1ec3m m\u1ea5u ch\u1ed1t trong ch\u00ednh s\u00e1ch c\u1ed1t l\u00f5i c\u1ee7a B\u1ed9 T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n <\/strong>. Vi\u1ec7c gi\u1eef m\u1ee9c n\u00e0y c\u00f3 th\u1ec3 ng\u0103n ch\u1eb7n m\u1ed9t c\u00e1ch hi\u1ec7u qu\u1ea3 nh\u1eefng ng\u01b0\u1eddi b\u00e1n kh\u1ed1ng \u0111\u1ed3ng y\u00ean \u0111\u1ea7u c\u01a1 v\u00e0 s\u1ef1 thay \u0111\u1ed5i r\u00f5 r\u00e0ng trong t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 x\u1ea3y ra: c\u00e1c v\u1ecb th\u1ebf b\u00e1n \u0111\u1ed3ng y\u00ean \u0111ang \u0111\u01b0\u1ee3c t\u00edch c\u1ef1c \u0111\u00f3ng l\u1ea1i, trong khi c\u00e1c nh\u00e0 giao d\u1ecbch quy\u1ec1n ch\u1ecdn li\u00ean t\u1ee5c t\u0103ng \u0111\u1eb7t c\u01b0\u1ee3c mua \u0111\u1ed3ng y\u00ean, v\u1edbi c\u00e1c v\u1ecb th\u1ebf mua \u0111\u1ea7u c\u01a1 ng\u1eafn h\u1ea1n \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 1. Morgan Stanley v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c kh\u00e1c c\u0169ng \u0111\u00e3 quan s\u00e1t th\u1ea5y s\u1ef1 gia t\u0103ng \u0111\u00e1ng k\u1ec3 s\u1ed1 l\u01b0\u1ee3ng v\u1ecb th\u1ebf mua \u0111\u1ed3ng y\u00ean tr\u00ean th\u1ecb tr\u01b0\u1eddng quy\u1ec1n ch\u1ecdn ngo\u1ea1i h\u1ed1i k\u1ec3 t\u1eeb khi b\u1ecb nghi ng\u1edd c\u00f3 s\u1ef1 can thi\u1ec7p v\u00e0o tu\u1ea7n tr\u01b0\u1edbc.<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20260506_142133\"<\/p>\n

V\u00e0o th\u1ee9 Hai, trong gi\u1edd giao d\u1ecbch ch\u00e2u \u00c1, \u0111\u1ed3ng y\u00ean \u0111\u00e3 nhanh ch\u00f3ng t\u0103ng 0,8% l\u00ean 155,72 do thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng m\u1ecfng do k\u1ef3 ngh\u1ec9 Tu\u1ea7n l\u1ec5 V\u00e0ng c\u1ee7a Nh\u1eadt B\u1ea3n g\u00e2y ra, tr\u01b0\u1edbc khi l\u1ea5y l\u1ea1i ph\u1ea7n l\u1edbn l\u1ee3i nhu\u1eadn v\u00e0 \u1ed5n \u0111\u1ecbnh trong ph\u1ea1m vi h\u1eb9p tr\u00ean 157. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch ngo\u1ea1i h\u1ed1i c\u1ee7a ACE Markets \u0111\u00e3 ch\u1ec9 ra r\u1eb1ng c\u1eb7p USD\/JPY \u0111\u00e3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1 hai l\u1ea7n tr\u00ean 157, khi\u1ebfn m\u1ee9c n\u00e0y tr\u1edf th\u00e0nh \u0111i\u1ec3m quan tr\u1ecdng cho c\u00e1c tr\u1eadn chi\u1ebfn t\u0103ng v\u00e0 gi\u1ea3m ng\u1eafn h\u1ea1n. Th\u1ecb tr\u01b0\u1eddng h\u1ebft s\u1ee9c c\u1ea3nh gi\u00e1c v\u1edbi vi\u1ec7c Nh\u1eadt B\u1ea3n c\u00f3 kh\u1ea3 n\u0103ng \u0111i theo m\u00f4 h\u00ecnh n\u0103m 2024, ti\u1ebfn h\u00e0nh nhi\u1ec1u h\u00e0nh \u0111\u1ed9ng ti\u1ebfp theo ng\u1eafn h\u1ea1n sau l\u1ea7n can thi\u1ec7p ban \u0111\u1ea7u.<\/p>\n

<\/a>H\u1ed7 tr\u1ee3 ng\u1eafn h\u1ea1n v\u00e0 m\u1ed1i quan t\u00e2m d\u00e0i h\u1ea1n: S\u1ef1 can thi\u1ec7p kh\u00f3 c\u00f3 th\u1ec3 thay \u0111\u1ed5i xu h\u01b0\u1edbng gi\u1ea3m gi\u00e1 ti\u1ec1n t\u1ec7.<\/strong><\/p>\n

ACE Markets tin r\u1eb1ng \u0111\u1ed3ng y\u00ean s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c hai h\u1ed7 tr\u1ee3 ch\u00ednh trong ng\u1eafn h\u1ea1n: th\u1ee9 nh\u1ea5t, k\u1ef3 v\u1ecdng dai d\u1eb3ng v\u1ec1 s\u1ef1 can thi\u1ec7p, v\u00ec Nh\u1eadt B\u1ea3n c\u00f3 d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i d\u1ed3i d\u00e0o (\u0111\u1ee7 \u0111\u1ec3 h\u1ed7 tr\u1ee3 30 bi\u1ec7n ph\u00e1p can thi\u1ec7p c\u00f9ng c\u1ea5p d\u1ef1a tr\u00ean s\u1ed1 li\u1ec7u c\u1ee7a tu\u1ea7n tr\u01b0\u1edbc), v\u00e0 ch\u00ednh quy\u1ec1n \u0111\u00e3 tuy\u00ean b\u1ed1 r\u00f5 r\u00e0ng r\u1eb1ng \u201ckh\u00f4ng c\u00f3 c\u01a1 h\u1ed9i \u0111\u1ec3 can thi\u1ec7p\u201d; th\u1ee9 hai, k\u1ef3 v\u1ecdng ng\u00e0y c\u00e0ng t\u0103ng v\u1ec1 vi\u1ec7c Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 6, v\u1edbi t\u1ef7 l\u1ec7 b\u1ecf phi\u1ebfu 6:3 \u1ee7ng h\u1ed9 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t v\u00e0o tu\u1ea7n tr\u01b0\u1edbc c\u00e0ng c\u1ee7ng c\u1ed1 th\u00eam gi\u00e1 c\u1ea3 th\u1ecb tr\u01b0\u1eddng trong \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 6. Tuy nhi\u00ean, trong trung v\u00e0 d\u00e0i h\u1ea1n, n\u1ec1n t\u1ea3ng cho \u0111\u1ed3ng y\u00ean m\u1ea1nh h\u01a1n v\u1eabn c\u00f2n y\u1ebfu. Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u c\u1ee7a ACE Markets ch\u1ec9 ra r\u1eb1ng hai y\u1ebfu t\u1ed1 c\u1ed1t l\u00f5i d\u1eabn \u0111\u1ebfn vi\u1ec7c \u0111\u1ed3ng y\u00ean ti\u1ebfp t\u1ee5c m\u1ea5t gi\u00e1 kh\u00f4ng thay \u0111\u1ed5i:<\/p>\n

    \n
  1. Ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t M\u1ef9 - Nh\u1eadt ti\u1ebfp t\u1ee5c gia t\u0103ng <\/strong>: C\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng n\u01b0\u1edbc ngo\u00e0i duy tr\u00ec quan \u0111i\u1ec3m di\u1ec1u h\u00e2u tr\u01b0\u1edbc \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t, k\u1ef3 v\u1ecdng Fed c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t ti\u1ebfp t\u1ee5c b\u1ecb ho\u00e3n l\u1ea1i. S\u1ef1 ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t gi\u1eefa M\u1ef9 v\u00e0 Nh\u1eadt B\u1ea3n kh\u00f3 c\u00f3 th\u1ec3 \u0111\u1ea3o ng\u01b0\u1ee3c nhanh ch\u00f3ng v\u00e0 vai tr\u00f2 c\u1ee7a \u0111\u1ed3ng y\u00ean nh\u01b0 m\u1ed9t lo\u1ea1i ti\u1ec1n t\u1ec7 t\u00e0i tr\u1ee3 cho c\u00e1c giao d\u1ecbch th\u1ef1c hi\u1ec7n s\u1ebd ti\u1ebfp t\u1ee5c trong m\u1ed9t th\u1eddi gian d\u00e0i.<\/li>\n
  2. Chi ph\u00ed nh\u1eadp kh\u1ea9u n\u0103ng l\u01b0\u1ee3ng cao <\/strong>: Xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb \u0111ang di\u1ec5n ra \u1edf Trung \u0110\u00f4ng ti\u1ebfp t\u1ee5c \u0111\u1ea9y gi\u00e1 d\u1ea7u t\u0103ng cao v\u00e0 do n\u1ec1n kinh t\u1ebf ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o nh\u1eadp kh\u1ea9u n\u0103ng l\u01b0\u1ee3ng, \u00e1p l\u1ef1c c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i c\u1ee7a Nh\u1eadt B\u1ea3n s\u1ebd ti\u1ebfp t\u1ee5c \u0111\u00e8 n\u1eb7ng l\u00ean \u0111\u1ed3ng y\u00ean.<\/li>\n<\/ol>\n

    \"\u5c40\u90e8\u622a\u53d6_20260506_141857\"<\/p>\n

    D\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng quy\u1ec1n ch\u1ecdn do Bloomberg t\u1ed5ng h\u1ee3p cho th\u1ea5y c\u00e1c nh\u00e0 giao d\u1ecbch hi\u1ec7n tin r\u1eb1ng c\u00f3 kho\u1ea3ng 52% kh\u1ea3 n\u0103ng \u0111\u1ed3ng y\u00ean s\u1ebd gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi m\u1ee9c 160 m\u1ed9t l\u1ea7n n\u1eefa v\u00e0o cu\u1ed1i th\u00e1ng 6 n\u0103m nay. ACE Markets tin r\u1eb1ng s\u1ef1 can thi\u1ec7p ngo\u1ea1i h\u1ed1i \u0111\u01a1n gi\u1ea3n ch\u1ec9 c\u00f3 th\u1ec3 l\u00e0m d\u1ecbu bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i trong ng\u1eafn h\u1ea1n v\u00e0 kh\u00f4ng th\u1ec3 \u0111\u1ea3o ng\u01b0\u1ee3c xu h\u01b0\u1edbng. N\u1ebfu Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n kh\u00f4ng th\u1ec3 t\u0103ng l\u00e3i su\u1ea5t v\u1edbi t\u1ed1c \u0111\u1ed9 ph\u00f9 h\u1ee3p v\u1edbi l\u1ea1m ph\u00e1t th\u00ec \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1 d\u00e0i h\u1ea1n \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng y\u00ean s\u1ebd v\u1eabn c\u00f2n.<\/p>\n

    <\/a>Tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng c\u1ee7a ACE<\/strong><\/p>\n

    T\u00f3m l\u1ea1i, b\u1eb1ng c\u00e1ch x\u00e1c \u0111\u1ecbnh r\u00f5 r\u00e0ng c\u00e1c quy t\u1eafc can thi\u1ec7p v\u00e0 b\u1ea3o v\u1ec7 v\u1eefng ch\u1eafc m\u1ee9c 160, ch\u00ednh quy\u1ec1n Nh\u1eadt B\u1ea3n \u0111\u00e3 \u1ed5n \u0111\u1ecbnh th\u00e0nh c\u00f4ng t\u1ef7 gi\u00e1 \u0111\u1ed3ng y\u00ean trong ng\u1eafn h\u1ea1n. D\u1ef1 ki\u1ebfn \u200b\u200b\u0111\u1ed3ng y\u00ean c\u00f3 th\u1ec3 s\u1ebd duy tr\u00ec m\u00f4 h\u00ecnh h\u1ee3p nh\u1ea5t trong ph\u1ea1m vi 155-160 trong hai th\u00e1ng t\u1edbi. Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ch\u00fa \u00fd \u0111\u1ebfn ba \u0111i\u1ec3m ch\u00ednh: th\u1ee9 nh\u1ea5t, li\u1ec7u B\u1ed9 T\u00e0i ch\u00ednh Nh\u1eadt B\u1ea3n c\u00f3 t\u1eadn d\u1ee5ng hai c\u1eeda s\u1ed5 can thi\u1ec7p c\u00f2n l\u1ea1i hay kh\u00f4ng; th\u1ee9 hai, li\u1ec7u cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch th\u00e1ng 6 c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n c\u00f3 ti\u1ebfn h\u00e0nh \u0111\u1ee3t t\u0103ng l\u00e3i su\u1ea5t d\u1ef1 ki\u1ebfn \u200b\u200bhay kh\u00f4ng; v\u00e0 th\u1ee9 ba, t\u00e1c \u0111\u1ed9ng c\u1ee7a xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb ng\u00e0y c\u00e0ng gia t\u0103ng \u1edf Trung \u0110\u00f4ng \u0111\u1ed1i v\u1edbi gi\u00e1 d\u1ea7u qu\u1ed1c t\u1ebf. ACE Markets nh\u1eafc nh\u1edf c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u1eb1ng trong m\u00f4i tr\u01b0\u1eddng th\u1ecb tr\u01b0\u1eddng c\u00f3 nhi\u1ec1u b\u1ea5t \u1ed5n hi\u1ec7n nay, h\u1ecd n\u00ean c\u1ea3nh gi\u00e1c v\u1edbi nh\u1eefng bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh v\u1ec1 t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i do tin t\u1ee9c can thi\u1ec7p g\u00e2y ra, \u0111\u1ed3ng th\u1eddi theo d\u00f5i ch\u1eb7t ch\u1ebd nh\u1eefng di\u1ec5n bi\u1ebfn m\u1edbi nh\u1ea5t v\u1ec1 s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a M\u1ef9 v\u00e0 Nh\u1eadt B\u1ea3n v\u00e0 qu\u1ea3n l\u00fd r\u1ee7i ro v\u1ecb th\u1ebf m\u1ed9t c\u00e1ch h\u1ee3p l\u00fd.<\/p>","protected":false},"excerpt":{"rendered":"

    Quy t\u1eafc can thi\u1ec7p v\u00e0o \u0111\u1ed3ng y\u00ean Nh\u1eadt, ch\u00ednh s\u00e1ch BOJ v\u00e0 tri\u1ec3n v\u1ecdng USD\/JPY th\u00f4ng qua ACE Markets. T\u00ecm hi\u1ec3u h\u1ed7 tr\u1ee3 ng\u1eafn h\u1ea1n, k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t v\u00e0 tri\u1ec3n v\u1ecdng ngo\u1ea1i h\u1ed1i.<\/p>","protected":false},"author":1,"featured_media":9404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[724,726,725],"class_list":["post-9403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-currency-intervention-rules","tag-forex-analysis","tag-interest-rate-differential"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/comments?post=9403"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9403\/revisions"}],"predecessor-version":[{"id":9408,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9403\/revisions\/9408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/9404"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=9403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=9403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=9403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}