{"id":9857,"date":"2026-09-09T09:08:53","date_gmt":"2026-09-09T09:08:53","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9857"},"modified":"2026-09-09T09:08:57","modified_gmt":"2026-09-09T09:08:57","slug":"the-rapid-appreciation-of-the-yen-has-triggered-the-risk-of-unwinding-carry-trades-posing-a-chain-reaction-of-challenges-to-the-foreign-exchange-and-equity-markets","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/the-rapid-appreciation-of-the-yen-has-triggered-the-risk-of-unwinding-carry-trades-posing-a-chain-reaction-of-challenges-to-the-foreign-exchange-and-equity-markets\/","title":{"rendered":"S\u1ef1 t\u0103ng gi\u00e1 nhanh ch\u00f3ng c\u1ee7a \u0111\u1ed3ng Y\u00ean \u0111\u00e3 g\u00e2y ra nguy c\u01a1 ng\u1eebng ho\u1ea1t \u0111\u1ed9ng kinh doanh ch\u00eanh l\u1ec7ch gi\u00e1, t\u1ea1o ra ph\u1ea3n \u1ee9ng d\u00e2y chuy\u1ec1n th\u00e1ch th\u1ee9c \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i v\u00e0 ch\u1ee9ng kho\u00e1n."},"content":{"rendered":"<p>\u0110\u1ed3ng y\u00ean Nh\u1eadt g\u1ea7n \u0111\u00e2y \u0111\u00e3 tr\u1ea3i qua s\u1ef1 ph\u1ee5c h\u1ed3i nhanh ch\u00f3ng, c\u00f9ng v\u1edbi k\u1ef3 v\u1ecdng ng\u00e0y c\u00e0ng t\u0103ng v\u1ec1 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nh\u1eadt B\u1ea3n v\u00e0 nh\u1eefng b\u00ecnh lu\u1eadn di\u1ec1u h\u00e2u t\u1eeb B\u1ed9 tr\u01b0\u1edfng T\u00e0i ch\u00ednh Hoa K\u1ef3 Bessenter, khi\u1ebfn r\u1ee7i ro ti\u1ec1m \u1ea9n l\u00e2u d\u00e0i c\u1ee7a \u0111\u1ed3ng y\u00ean khi\u1ebfn giao d\u1ecbch tr\u1edf l\u1ea1i n\u1ed5i b\u1eadt tr\u00ean th\u1ecb tr\u01b0\u1eddng. ACE Markets, th\u00f4ng qua vi\u1ec7c theo d\u00f5i c\u00e1c t\u00edn hi\u1ec7u t\u01b0\u01a1ng quan gi\u1eefa c\u00e1c t\u00e0i s\u1ea3n, c\u1ea5u tr\u00fac \u0111\u1ecbnh v\u1ecb th\u1ec3 ch\u1ebf v\u00e0 tr\u00f2 ch\u01a1i d\u00e0i h\u1ea1n, tin r\u1eb1ng \u0111\u1ee3t t\u0103ng gi\u00e1 \u0111\u1ed3ng y\u00ean n\u00e0y kh\u00f4ng ch\u1ec9 \u0111\u01a1n thu\u1ea7n l\u00e0 m\u1ed9t bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i \u0111\u01a1n gi\u1ea3n m\u00e0 r\u1ea5t c\u00f3 kh\u1ea3 n\u0103ng g\u00e2y ra ph\u1ea3n \u1ee9ng chu\u1ed7i xuy\u00ean th\u1ecb tr\u01b0\u1eddng, lan r\u1ed9ng t\u1eeb ngo\u1ea1i h\u1ed1i sang l\u0129nh v\u1ef1c c\u00f4ng ngh\u1ec7 Hoa K\u1ef3. Vi\u1ec7c th\u1ef1c thi ch\u00ednh s\u00e1ch c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n v\u00e0 t\u1ed1c \u0111\u1ed9 t\u0103ng gi\u00e1 c\u1ee7a \u0111\u1ed3ng Y\u00ean s\u1ebd l\u00e0 hai ch\u1ec9 s\u1ed1 c\u1ed1t l\u00f5i quy\u1ebft \u0111\u1ecbnh m\u1ee9c \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h2>S\u1ef1 ph\u1ee5c h\u1ed3i m\u1ea1nh m\u1ebd c\u1ee7a \u0111\u1ed3ng y\u00ean \u0111\u00e3 kh\u01a1i d\u1eady nh\u1eefng c\u1ea3nh b\u00e1o r\u1ee7i ro \u0111\u1ed1i v\u1edbi c\u00e1c giao d\u1ecbch bu\u00f4n b\u00e1n l\u1ecbch s\u1eed.<\/h2>\n<p>D\u1eef li\u1ec7u c\u1ee7a ACE Markets cho th\u1ea5y \u0111\u1ed3ng y\u00ean \u0111\u00e3 t\u0103ng gi\u00e1 g\u1ea7n 4% so v\u1edbi \u0111\u1ed3ng \u0111\u00f4 la k\u1ec3 t\u1eeb th\u00e1ng 9, \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t l\u00e0 152,89 trong ng\u00e0y, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 2 n\u0103m nay, tr\u01b0\u1edbc khi gi\u1ea3m m\u1ea1nh t\u1eeb m\u1ee9c can thi\u1ec7p quan tr\u1ecdng l\u00e0 160. \u0110\u1ed3ng y\u00ean c\u1ed5 \u0111i\u1ec3n mang logic th\u01b0\u01a1ng m\u1ea1i\u2014vay \u0111\u1ed3ng y\u00ean v\u1edbi chi ph\u00ed g\u1ea7n nh\u01b0 b\u1eb1ng 0 v\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n c\u00f3 l\u00e3i su\u1ea5t cao nh\u01b0 c\u1ed5 phi\u1ebfu v\u00e0 tr\u00e1i phi\u1ebfu M\u1ef9\u2014t\u1eeb l\u00e2u \u0111\u00e3 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng r\u1ed9ng r\u00e3i \u1edf Ph\u1ed1 Wall do ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t. Hi\u1ec7n t\u1ea1i, v\u1eabn c\u00f2n ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t 2,57 \u0111i\u1ec3m ph\u1ea7n tr\u0103m gi\u1eefa tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 k\u1ef3 h\u1ea1n 1 n\u0103m c\u1ee7a M\u1ef9 v\u00e0 Nh\u1eadt B\u1ea3n, ngh\u0129a l\u00e0 ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t c\u01a1 b\u1ea3n cho c\u00e1c giao d\u1ecbch ch\u00eanh l\u1ec7ch v\u1eabn t\u1ed3n t\u1ea1i. Tuy nhi\u00ean, s\u1ef1 \u0111\u1ea3o ng\u01b0\u1ee3c t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i \u0111ang vi\u1ebft l\u1ea1i t\u1ef7 l\u1ec7 r\u1ee7i ro-l\u1ee3i nhu\u1eadn. N\u1ebfu \u0111\u1ed3ng y\u00ean t\u0103ng gi\u00e1 nhanh ch\u00f3ng v\u00e0 \u0111\u00e1ng k\u1ec3, n\u1ee3 ph\u1ea3i tr\u1ea3 b\u1eb1ng \u0111\u1ed3ng y\u00ean c\u1ee7a th\u01b0\u01a1ng nh\u00e2n s\u1ebd t\u0103ng l\u00ean m\u1ed9t c\u00e1ch th\u1ee5 \u0111\u1ed9ng, bu\u1ed9c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i b\u00e1n t\u00e0i s\u1ea3n b\u1eb1ng \u0111\u00f4 la v\u00e0 mua l\u1ea1i \u0111\u1ed3ng y\u00ean \u0111\u1ec3 tr\u1ea3 c\u00e1c kho\u1ea3n vay, t\u1eeb \u0111\u00f3 t\u1ea1o ra \u00e1p l\u1ef1c b\u00e1n tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u00e9o.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1026\" height=\"521\" class=\"wp-image-9859\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646.png\" alt=\"\u5c40\u90e8\u622a\u53d6_20260909_150646\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646.png 1026w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-300x152.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-1024x520.png 1024w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-768x390.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-18x9.png 18w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-900x457.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_150646-600x305.png 600w\" sizes=\"(max-width: 1026px) 100vw, 1026px\" \/><\/p>\n<p>Nh\u00ecn l\u1ea1i, m\u1ed9t k\u1ecbch b\u1ea3n t\u01b0\u01a1ng t\u1ef1 \u0111\u00e3 di\u1ec5n ra v\u00e0o m\u00f9a h\u00e8 n\u0103m 2024: \u0111\u1ed3ng y\u00ean t\u0103ng gi\u00e1 13% trong hai th\u00e1ng, g\u00e2y ra l\u00e0n s\u00f3ng ch\u1ed1t l\u1eddi v\u00e0 b\u00e1n th\u00e1o m\u1ea1nh trong l\u0129nh v\u1ef1c c\u00f4ng ngh\u1ec7 M\u1ef9. ACE Markets c\u1ea3nh b\u00e1o r\u1eb1ng l\u0129nh v\u1ef1c AI v\u00e0 c\u00f4ng ngh\u1ec7 hi\u1ec7n \u0111ang \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao v\u00e0 c\u00f3 v\u1ecb th\u1ebf giao d\u1ecbch \u0111\u00f4ng \u0111\u00fac; n\u1ebfu t\u00ecnh tr\u1ea1ng b\u00e1n th\u00e1o nhanh ch\u00f3ng l\u1eb7p l\u1ea1i, nh\u1eefng l\u0129nh v\u1ef1c n\u00e0y s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi nguy c\u01a1 suy tho\u00e1i l\u1edbn h\u01a1n. Tuy nhi\u00ean, vi\u1ec7c l\u1eb7p l\u1ea1i bi\u1ebfn \u0111\u1ed9ng n\u0103m 2024 kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o. Nhi\u1ec1u t\u1ed5 ch\u1ee9c th\u01b0\u01a1ng m\u1ea1i \u0111\u00e3 \u0111\u1ecbnh gi\u00e1 kh\u1ea3 n\u0103ng \u0111\u1ed3ng y\u00ean m\u1ea1nh h\u01a1n; ch\u1ec9 c\u00f3 s\u1ef1 t\u0103ng gi\u00e1 \u0111\u1ed9t ng\u1ed9t v\u00e0 b\u1ea5t ng\u1edd c\u1ee7a \u0111\u1ed3ng y\u00ean m\u1edbi g\u00e2y ra m\u1ed9t \u0111\u1ee3t b\u00e1n th\u00e1o c\u00f3 h\u1ec7 th\u1ed1ng quy m\u00f4 l\u1edbn, sau \u0111\u00f3 c\u01a1 h\u1ed9i mua v\u1eabn s\u1ebd t\u1ed3n t\u1ea1i.<\/p>\n<p>S\u1ef1 thay \u0111\u1ed5i n\u00e0y c\u0169ng \u0111\u01b0\u1ee3c ph\u1ea3n \u00e1nh qua di\u1ec5n bi\u1ebfn c\u1ee7a ch\u1ec9 s\u1ed1 \u0111\u00f4 la M\u1ef9, trong \u0111\u00f3 ch\u1ec9 s\u1ed1 \u0111\u00f4 la M\u1ef9 ICE c\u0169ng ch\u1ecbu \u00e1p l\u1ef1c v\u00e0 suy gi\u1ea3m. Tuy nhi\u00ean, m\u1ee9c t\u0103ng gi\u00e1 t\u00edch l\u0169y c\u1ee7a \u0111\u1ed3ng y\u00ean trong v\u00f2ng n\u00e0y v\u1eabn th\u1ea5p h\u01a1n so v\u1edbi n\u0103m 2024. Do \u0111\u00f3, ch\u00fang t\u00f4i kh\u00f4ng t\u1eadp trung v\u00e0o m\u1ee9c \u0111\u1ed9 t\u0103ng gi\u00e1 tuy\u1ec7t \u0111\u1ed1i m\u00e0 t\u1eadp trung v\u00e0o t\u1ed1c \u0111\u1ed9 t\u0103ng gi\u00e1 v\u00e0 li\u1ec7u n\u00f3 c\u00f3 v\u01b0\u1ee3t qu\u00e1 s\u1ef1 \u0111\u1ed3ng thu\u1eadn c\u1ee7a th\u1ecb tr\u01b0\u1eddng hay kh\u00f4ng.<\/p>\n<h2>L\u1eddi l\u1ebd c\u1ee9ng r\u1eafn c\u1ee7a Bessen \u0111\u00e3 khu\u1ea5y \u0111\u1ed9ng k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 t\u00edn hi\u1ec7u ch\u00ednh s\u00e1ch c\u00f3 s\u1ee9c n\u1eb7ng \u0111\u00e1ng k\u1ec3.<\/h2>\n<p>B\u1ed9 tr\u01b0\u1edfng T\u00e0i ch\u00ednh Hoa K\u1ef3 Bessenter \u0111\u00e3 \u0111\u01b0a ra m\u1ed9t tuy\u00ean b\u1ed1 c\u00f3 s\u1ee9c \u1ea3nh h\u01b0\u1edfng l\u1edbn, c\u00f4ng khai tuy\u00ean b\u1ed1 r\u1eb1ng \u00f4ng s\u1edf h\u1eefu th\u00f4ng tin b\u1ea5t c\u00e2n x\u1ee9ng v\u00e0 r\u1eb1ng \u00f4ng l\u00e0 \u201ck\u1ebb thao t\u00fang\u201d c\u00e1c ch\u00ednh s\u00e1ch li\u00ean quan \u0111\u1ebfn \u0111\u1ed3ng y\u00ean, tr\u1ef1c ti\u1ebfp c\u1ea3nh b\u00e1o nh\u1eefng ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 v\u00e0o \u0111\u1ed3ng y\u00ean. ACE Markets tin r\u1eb1ng \u0111\u00e2y kh\u00f4ng ch\u1ec9 l\u00e0 l\u1eddi n\u00f3i khoa tr\u01b0\u01a1ng. D\u1ef1a tr\u00ean ph\u1ea3n h\u1ed3i c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c, th\u1ecb tr\u01b0\u1eddng th\u01b0\u1eddng hi\u1ec3u tuy\u00ean b\u1ed1 n\u00e0y kh\u00f4ng ch\u1ec9 l\u00e0 l\u1eddi n\u00f3i su\u00f4ng; \u0111\u00f3 l\u00e0 m\u1ed9t t\u00edn hi\u1ec7u r\u00f5 r\u00e0ng cho th\u1ecb tr\u01b0\u1eddng giao d\u1ecbch r\u1eb1ng M\u1ef9 v\u00e0 Nh\u1eadt B\u1ea3n \u0111ang ph\u1ed1i h\u1ee3p chi\u1ebfn l\u01b0\u1ee3c t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i c\u1ee7a h\u1ecd v\u00e0 nh\u1eefng ng\u01b0\u1eddi b\u00e1n kh\u1ed1ng \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o vi\u1ec7c \u0111\u1ed3ng y\u00ean ti\u1ebfp t\u1ee5c suy y\u1ebfu s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi r\u1ee7i ro ch\u00ednh s\u00e1ch c\u1ef1c k\u1ef3 cao. \u0110\u01b0\u1ee3c x\u00fac t\u00e1c b\u1edfi nh\u1eefng nh\u1eadn x\u00e9t n\u00e0y, c\u00e1c qu\u1ef9 ph\u00f2ng h\u1ed9 \u0111\u00e3 b\u1eaft \u0111\u1ea7u \u0111i\u1ec1u ch\u1ec9nh v\u1ecb th\u1ebf c\u1ee7a m\u00ecnh, v\u1edbi m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng l\u1edbn c\u00e1c giao d\u1ecbch quy\u1ec1n ch\u1ecdn \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i USD\/JPY s\u1ebd gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 150 v\u00e0o cu\u1ed1i n\u0103m v\u00e0 m\u1ed9t s\u1ed1 quy\u1ec1n ch\u1ecdn d\u00e0i h\u1ea1n th\u1eadm ch\u00ed c\u00f2n nh\u1eafm m\u1ee5c ti\u00eau 140. C\u00e1c qu\u1ef9 giao d\u1ecbch \u0111\u00e3 b\u1eaft \u0111\u1ea7u \u0111\u1ecbnh v\u1ecb cho m\u1ed9t \u0111\u1ee3t t\u0103ng gi\u00e1 \u0111\u1ed3ng y\u00ean d\u00e0i h\u1ea1n.<\/p>\n<p><img decoding=\"async\" width=\"1026\" height=\"522\" class=\"wp-image-9860\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204.png\" alt=\"\u5c40\u90e8\u622a\u53d6_20260909_151204\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204.png 1026w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-300x153.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-1024x521.png 1024w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-768x391.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-18x9.png 18w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-900x458.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151204-600x305.png 600w\" sizes=\"(max-width: 1026px) 100vw, 1026px\" \/><\/p>\n<h2>Cu\u1ed9c chi\u1ebfn gi\u1eefa phe b\u00f2 v\u00e0 phe g\u1ea5u ng\u00e0y c\u00e0ng gay g\u1eaft: C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb Nh\u1eadt B\u1ea3n \u0111ang b\u00e1n kh\u1ed1ng theo xu h\u01b0\u1edbng, c\u00f3 kh\u1ea3 n\u0103ng th\u00fac \u0111\u1ea9y \u0111\u1ed3ng y\u00ean t\u0103ng gi\u00e1.<\/h2>\n<p>Tr\u00f2 ch\u01a1i n\u1ed9i b\u1ed9 hi\u1ec7n nay tr\u00ean th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i r\u1ea5t ph\u00e2n t\u00e1n. D\u1eef li\u1ec7u v\u1ecb th\u1ebf c\u1ee7a ACE Markets cho th\u1ea5y r\u1eb1ng trong khi c\u00e1c qu\u1ef9 n\u01b0\u1edbc ngo\u00e0i \u0111ang d\u1ea7n d\u1ea7n gi\u1ea3m b\u1edbt giao d\u1ecbch mua b\u00e1n \u0111\u1ed3ng y\u00ean v\u00e0 c\u00e1c qu\u1ef9 ph\u00f2ng h\u1ed9 \u0111ang \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o \u0111\u1ed3ng y\u00ean m\u1ea1nh h\u01a1n, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb Nh\u1eadt B\u1ea3n v\u1eabn \u0111ang \u0111\u1eb7t c\u01b0\u1ee3c ng\u01b0\u1ee3c l\u1ea1i xu h\u01b0\u1edbng v\u00e0 k\u1ef3 v\u1ecdng \u0111\u1ed3ng y\u00ean s\u1ebd suy y\u1ebfu, d\u1eabn \u0111\u1ebfn v\u1ecb th\u1ebf b\u00e1n r\u00f2ng \u0111\u1ed3ng y\u00ean \u1edf m\u1ee9c cao.<\/p>\n<p>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb Nh\u1eadt B\u1ea3n th\u01b0\u1eddng c\u00f3 th\u00f3i quen giao d\u1ecbch tr\u00e1i ng\u01b0\u1ee3c: mua nhi\u1ec1u \u0111\u00f4 la h\u01a1n khi \u0111\u1ed3ng y\u00ean t\u0103ng gi\u00e1. Tuy nhi\u00ean, v\u1edbi vi\u1ec7c c\u1eb7p USD\/JPY ph\u00e1 v\u1ee1 d\u01b0\u1edbi m\u1ee9c h\u1ed7 tr\u1ee3 quan tr\u1ecdng 155, h\u00e0nh vi giao d\u1ecbch b\u00e1n l\u1ebb \u0111\u00e3 tr\u1edf n\u00ean th\u1eadn tr\u1ecdng h\u01a1n. Ph\u00e2n t\u00edch c\u1ee7a ch\u00fang t\u00f4i cho th\u1ea5y r\u1eb1ng n\u1ebfu \u0111\u1ed3ng y\u00ean ti\u1ebfp t\u1ee5c xu h\u01b0\u1edbng t\u0103ng, v\u1ecb th\u1ebf mua \u0111\u1ed3ng \u0111\u00f4 la c\u1ee7a nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb s\u1ebd k\u00edch ho\u1ea1t l\u1ec7nh d\u1eebng l\u1ed7, bu\u1ed9c h\u1ecd ph\u1ea3i b\u00e1n \u0111\u00f4 la v\u00e0 mua \u0111\u1ed3ng y\u00ean. Vi\u1ec7c b\u00e1n kh\u1ed1ng tr\u00e1i ng\u01b0\u1ee3c n\u00e0y c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb sau \u0111\u00f3 c\u00f3 th\u1ec3 tr\u1edf th\u00e0nh m\u1ed9t l\u1ef1c th\u1ee5 \u0111\u1ed9ng \u0111\u1ea9y \u0111\u1ed3ng y\u00ean l\u00ean cao h\u01a1n. Th\u1ecb tr\u01b0\u1eddng quy\u1ec1n ch\u1ecdn c\u0169ng \u0111ang g\u1eedi t\u00edn hi\u1ec7u \u0111i xu\u1ed1ng m\u1ea1nh m\u1ebd, v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch c\u1ee7a quy\u1ec1n ch\u1ecdn b\u00e1n USD\/JPY h\u1ebft h\u1ea1n v\u00e0o cu\u1ed1i n\u0103m v\u01b0\u1ee3t qu\u00e1 \u0111\u00e1ng k\u1ec3 so v\u1edbi quy\u1ec1n ch\u1ecdn mua, - cho th\u1ea5y s\u1ef1 \u0111\u1ed3ng thu\u1eadn m\u1ea1nh m\u1ebd tr\u00ean th\u1ecb tr\u01b0\u1eddng r\u1eb1ng c\u1eb7p USD\/JPY s\u1ebd ki\u1ec3m tra ph\u1ea1m vi 150-152.<\/p>\n<h2>\u00dd ki\u1ebfn \u200b\u200bth\u1ecb tr\u01b0\u1eddng b\u1ecb chia r\u1ebd r\u00f5 r\u00e0ng, v\u1edbi cu\u1ed9c \u0111\u1ea5u tranh c\u1ee7a hai ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u1eb7t ra m\u1ee9c tr\u1ea7n cho xu h\u01b0\u1edbng t\u0103ng gi\u00e1 c\u1ee7a \u0111\u1ed3ng y\u00ean.<\/h2>\n<p>B\u1ea5t ch\u1ea5p s\u1ef1 t\u0103ng gi\u00e1 m\u1ea1nh c\u1ee7a \u0111\u1ed3ng y\u00ean, c\u00e1c t\u1ed5 ch\u1ee9c \u1edf Ph\u1ed1 Wall v\u1eabn b\u1ecb chia r\u1ebd \u0111\u00e1ng k\u1ec3 v\u1ec1 t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a \u0111\u1ee3t ph\u1ee5c h\u1ed3i n\u00e0y. ACE Markets, t\u00f3m t\u1eaft logic c\u1ee7a nhi\u1ec1u t\u1ed5 ch\u1ee9c kh\u00e1c nhau, k\u1ebft lu\u1eadn r\u1eb1ng ti\u1ec1m n\u0103ng t\u01b0\u01a1ng lai c\u1ee7a \u0111\u1ed3ng y\u00ean v\u1ec1 c\u01a1 b\u1ea3n ph\u1ee5 thu\u1ed9c v\u00e0o tr\u00f2 ch\u01a1i ch\u00ednh s\u00e1ch gi\u1eefa hai ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn.<\/p>\n<p><img decoding=\"async\" width=\"1023\" height=\"523\" class=\"wp-image-9861\" src=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007.png\" alt=\"\u5c40\u90e8\u622a\u53d6_20260909_151007\" srcset=\"https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007.png 1023w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007-300x153.png 300w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007-768x393.png 768w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007-18x9.png 18w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007-900x460.png 900w, https:\/\/www.mdwcc.com\/wp-content\/uploads\/2026\/09\/20260909_151007-600x307.png 600w\" sizes=\"(max-width: 1023px) 100vw, 1023px\" \/><\/p>\n<ul>\n<li>M\u1ee9c \u0111\u1ed9 m\u00e0 Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n (BOJ) th\u1ef1c hi\u1ec7n t\u0103ng l\u00e3i su\u1ea5t: N\u1ebfu t\u1ed1c \u0111\u1ed9 th\u1eaft ch\u1eb7t c\u1ee7a BOJ kh\u00f4ng v\u01b0\u1ee3t qu\u00e1 k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng, ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1 h\u01a1n n\u1eefa c\u1ee7a \u0111\u1ed3ng y\u00ean s\u1ebd b\u1ecb h\u1ea1n ch\u1ebf. Ch\u00ednh quy\u1ec1n Nh\u1eadt B\u1ea3n c\u0169ng kh\u00f4ng mu\u1ed1n \u0111\u1ed3ng Y\u00ean t\u0103ng gi\u00e1 qu\u00e1 m\u1ee9c; khi t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i ti\u1ebfn t\u1edbi m\u1ee9c 150, n\u00f3 c\u00f3 th\u1ec3 g\u1eb7p ph\u1ea3i s\u1ef1 kh\u00e1ng c\u1ef1 \u1edf c\u1ea5p \u0111\u1ed9 ch\u00ednh s\u00e1ch. Tuy nhi\u00ean, mi\u1ec5n l\u00e0 BOJ kh\u00f4ng \u0111\u00f3ng c\u1eeda vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t ti\u1ebfp theo, \u0111\u1ed3ng y\u00ean s\u1ebd ti\u1ebfp t\u1ee5c nh\u1eadn \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n. Vi\u1ec7c c\u00e1c c\u00f4ng ty xu\u1ea5t kh\u1ea9u Nh\u1eadt B\u1ea3n chuy\u1ec3n v\u1ed1n ra n\u01b0\u1edbc ngo\u00e0i v\u1ec1 n\u01b0\u1edbc c\u0169ng c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t ch\u1ea5t x\u00fac t\u00e1c b\u1ed5 sung khi\u1ebfn \u0111\u1ed3ng y\u00ean t\u0103ng gi\u00e1.<\/li>\n<li>\u0110\u1ecbnh h\u01b0\u1edbng ch\u00ednh s\u00e1ch c\u1ee7a Fed t\u1ea1o ra s\u1ef1 ki\u1ec3m so\u00e1t v\u00e0 c\u00e2n b\u1eb1ng: n\u1ebfu cu\u1ed9c h\u1ecdp th\u00e1ng 9 c\u1ee7a Fed \u0111\u01b0a ra nh\u1eefng t\u00edn hi\u1ec7u di\u1ec1u h\u00e2u ho\u1eb7c th\u1eadm ch\u00ed t\u0103ng l\u00e3i su\u1ea5t, ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t gi\u1eefa \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u00e0 \u0111\u1ed3ng y\u00ean Nh\u1eadt s\u1ebd l\u1ea1i n\u1edbi r\u1ed9ng, \u0111i\u1ec1u n\u00e0y s\u1ebd h\u1ea1n ch\u1ebf kh\u1ea3 n\u0103ng gi\u1ea3m gi\u00e1 c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la so v\u1edbi \u0111\u1ed3ng y\u00ean.<\/li>\n<\/ul>\n<h2>T\u00e1c \u0111\u1ed9ng ch\u00e9o t\u00e0i s\u1ea3n: Bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i c\u00f3 th\u1ec3 c\u00f3 t\u00e1c \u0111\u1ed9ng x\u1ebfp t\u1ea7ng v\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n c\u1ea3nh gi\u00e1c v\u1edbi c\u00e1c ph\u1ea3n \u1ee9ng d\u00e2y chuy\u1ec1n.<\/h2>\n<p>T\u1eeb g\u00f3c \u0111\u1ed9 t\u00e0i s\u1ea3n v\u0129 m\u00f4, ACE Markets nh\u1eafc nh\u1edf c\u00e1c nh\u00e0 giao d\u1ecbch kh\u00f4ng n\u00ean xem t\u1ef7 gi\u00e1 USD\/JPY m\u1ed9t c\u00e1ch t\u00e1ch bi\u1ec7t. Nguy c\u01a1 h\u1ee7y b\u1ecf c\u00e1c giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1 do \u0111\u1ed3ng y\u00ean m\u1ea1nh h\u01a1n s\u1ebd lan truy\u1ec1n d\u1ecdc theo chu\u1ed7i ngo\u1ea1i h\u1ed1i \u2192 Kho b\u1ea1c Hoa K\u1ef3 \u2192 C\u1ed5 phi\u1ebfu c\u00f4ng ngh\u1ec7 Hoa K\u1ef3. Ngay c\u1ea3 khi r\u1ee7i ro h\u1ec7 th\u1ed1ng kh\u00f4ng b\u00f9ng ph\u00e1t ngay l\u1eadp t\u1ee9c, l\u0129nh v\u1ef1c c\u00f4ng ngh\u1ec7 AI \u0111\u00f4ng \u0111\u00fac s\u1ebd d\u1ec5 b\u1ecb d\u00f2ng v\u1ed1n ch\u1ea3y ra ngo\u00e0i h\u01a1n. C\u00e1c nh\u00e0 giao d\u1ecbch kh\u00f4ng n\u00ean ch\u1ec9 \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o vi\u1ec7c \u0111\u1ed3ng y\u00ean ti\u1ebfp t\u1ee5c t\u0103ng gi\u00e1; h\u1ecd c\u1ea7n li\u00ean t\u1ee5c theo d\u00f5i ba t\u00edn hi\u1ec7u ch\u00ednh: k\u1ebft qu\u1ea3 cu\u1ed9c h\u1ecdp c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n, quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t th\u00e1ng 9 c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang v\u00e0 tr\u1ea1ng th\u00e1i d\u1eebng l\u1ed7 c\u1ee7a c\u00e1c v\u1ecb th\u1ebf b\u00e1n l\u1ebb.<\/p>","protected":false},"excerpt":{"rendered":"<p>T\u00ecm hi\u1ec3u xem s\u1ef1 ph\u1ee5c h\u1ed3i nhanh ch\u00f3ng c\u1ee7a \u0111\u1ed3ng y\u00ean \u0111ang g\u00e2y ra r\u1ee7i ro th\u01b0\u01a1ng m\u1ea1i nh\u01b0 th\u1ebf n\u00e0o v\u00e0 c\u00f3 kh\u1ea3 n\u0103ng g\u00e2y ra ph\u1ea3n \u1ee9ng chu\u1ed7i xuy\u00ean th\u1ecb tr\u01b0\u1eddng t\u1eeb ngo\u1ea1i h\u1ed1i \u0111\u1ebfn c\u1ed5 phi\u1ebfu c\u00f4ng ngh\u1ec7 Hoa K\u1ef3.<\/p>","protected":false},"author":1,"featured_media":9858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[115],"tags":[938,939,937],"class_list":["post-9857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-japanese-yen-appreciation","tag-usd-jpy-forecast","tag-yen-carry-trade-risk"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9857","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=9857"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9857\/revisions"}],"predecessor-version":[{"id":9862,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9857\/revisions\/9862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/9858"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=9857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=9857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=9857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}