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Continued weak yen may create new problems even after US-Japan intervention_我的网站

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A |     

新华社北京7月28日电(记者王镜宇)中国男篮队员孙铭徽、顾全日前在接受中国篮球协会相关团队的采访时,透露了带病征战世预赛、亚洲杯时的一些细节。

B | 此前孙铭徽的队友曾透露,亚洲杯四分之一决赛中国队和黎巴嫩队的比赛前,孙铭徽因为身体不适一夜没睡,所以第二天比赛时打得很吃力。对此孙铭徽回应说:“其实我是到达印尼后身体才开始有反应的,比赛的时候做准备活动就会特别累,跑两步就感觉特别喘。巴林那场之后我的身体状态特别差,是真的睡不着觉,一直在冒虚汗。    

Illustration: Xia Qing/GT
    Illustration: Xia Qing/GT
The yen has weakened in recent days, edging closer to the psychologically important 160 level against the US dollar. The decline comes despite the widely watched move by Washington to join Tokyo in supporting the currency. Less than two weeks after the US-Japan intervention, the yen has given up roughly half of its gains, raising fresh questions over the effectiveness of coordinated efforts to stabilize the exchange rate.
Japan and the US had previously confirmed coordinated foreign exchange intervention to prop up the yen after the currency tumbled to a nearly 40-year low. At the time, some observers saw the move as potentially stabilizing the yen in the short term, although its longer-term impact remained uncertain. 
However, the subsequent market reaction suggests that even the short-term effect may have been limited. After strengthening to about 155 per dollar in the days following the intervention from above 163, the yen had slipped back above 159 by Wednesday, less than two weeks later.
Questions have emerged over whether further support for the yen may soon be needed, and whether Washington would consider stepping in again. The previous intervention was seen by some observers as a test of market confidence: the unusual coordinated move had the potential to influence market expectations and discourage bets against the yen. But if market expectations remain largely unchanged, repeated interventions could deliver diminishing returns. The US may face a difficult trade-off. Another intervention could require greater resources and come at a higher cost, while refraining from further action could raise questions over the lasting impact of the previous effort.
Market commentary has added to the uncertainty. Axios published a report headlined "Yen's weakness shows market isn't done pushing," while some reports suggested that the impact of the US-Japan intervention was beginning to fade. Such narratives could weigh on sentiment toward the yen and reinforce market expectations that the currency's weakness may persist.
Washington's involvement in supporting the yen may reflect broader economic and policy considerations. These could include avoiding a scenario in which Japan sells US Treasury holdings to support the currency, as well as concerns that a weaker yen could give Japanese exporters a greater competitive advantage. These possible considerations suggest that the intervention alone does not fully address the underlying forces behind the yen's weakness. This may help explain why the market has so far been reluctant to view the move as a turning point for the currency.
Washington's decision to join the intervention may have reflected concerns, as some observers suggest, that the yen's prolonged weakness had begun to affect US interests. If markets remain unconvinced by the US-Japan intervention, one possible outcome is that Washington could push Japan to take more costly measures to support the yen. Such a scenario could instead create some strain between Washington and Tokyo.
Beyond short-term market dynamics, the yen's weakness also reflects deeper challenges facing the Japanese economy, making a sustained reversal difficult. The currency's prolonged weakness has been influenced by the interest rate gap between Japan and the US, while also reflecting longer-term concerns over the diminishing returns of Japan's traditional growth model.
This leaves Japan facing a delicate policy balance between supporting growth and stabilizing the currency. While lower interest rates could help boost economic activity, continued weakness in the yen may strengthen calls for Japan's central bank to consider further rate increases to narrow the interest rate gap with the US.
Japan's structural challenges mean that a sustained appreciation of the yen will not be easy to achieve. The question of whether to pursue stronger measures, even at the cost of some economic growth, has become more complicated as the US takes a role in the issue. Japan may face greater pressure to support the currency, even though doing so would be difficult and could carry broader economic costs.
The author is a reporter with the Global Times. [email protected]

C | 杜锋指导一直在关心我,打黎巴嫩那天上午没给我们安排场地训练,下午训练然后晚上就比赛了。那天在力量房就出了特别多汗,到了晚上特别虚,在场上完全是站不住的感觉。怎么说呢,我们每个人都做到我们自己该做的,都坚持到了最后。”

顾全透露,在亚洲杯小组赛首战对阵韩国队前,自己有六七天没有训练,身体特别虚,杜锋根据场上情况临时增加了他的出场时间。“我当时是不适合打比赛的一个身体状态,打韩国前我已经有六七天没练了,身体特别虚,我当时想顶两三分钟应该没问题,上去想把所有精力放在防守,尽自己最大的能量去帮助球队,不要拉胯。”顾全说。“杜指导赛前跟我说‘你上去做好防守拉开空间,你就进一个三分球就行,我只需要你进一个’,我说行。然后第一节换我上场,第一次进攻底线刚好出现了一个机会,我投进了,信心大增。杜指导看我身体情况还不错,就一直把我放在上面打,基本上打两分钟就赶紧调我下来休息,因为当时身体状况确实不允许在这种高强度的比赛里持续去打,所以换人频率是非常频繁的。”中国男篮以81:93不敌韩国队的这场比赛,顾全坚持作战全场命中5个三分球得到22分。小组赛第二场对阵巴林队,顾全再次得到22分,并在终场前6.8秒完成准绝杀,帮助中国队1分险胜。谈到自己在亚洲杯赛中的出色表现时,顾全感谢了杜锋的帮助和信任。“他在平时训练包括比赛中给了我很多信心,尤其是在我信心不足的时候,他也跟我聊了很多,就是让我放开打,这让我在后面的比赛打得非常坚决。至于绝杀,其实就是我刚好出现在那个位置,然后刚好球也落在我手上,所以也有一些运气才能绝杀吧。”在世预赛和亚洲杯期间,外界对中国队经常在比赛中使用三后卫阵容的打法有一些议论,孙铭徽说了他自己的理解。“在广州集训的时候,我们和广州队和青岛队打了好多场教学赛,然后杜指导也让我们按不同的分组、不同的后卫一起在场上配合,其实在场上的时候觉得打得还是比较流畅的,因为三后卫都可以发动战术,都可以接球,在场上都可以发挥出自己的特点,能弥补别人的一些弱点,或者能帮助队友更好地发挥出自己的状态。对我来说,反而这样打觉得更加轻松一点。

D | 因为在场上有一名或两名后卫的时候,有一些传导球或者是喊战术的时候会有点慢,三个后卫的时候会更流畅一些。”孙铭徽认为,亚洲篮球的格局跟以前比有了很大变化。他说:“上次我打亚洲比赛是2018年亚运会,当时极少有球队会有归化球员,现在看亚洲球队里只有澳大利亚、新西兰包括我们没有归化(球员)。在身体对抗上(归化球员)对他们的帮助其实很大,给我们制造了很大的麻烦。现在的亚洲和之前完全不一样了,澳大利亚和新西兰归到亚洲,澳大利亚是世界前三的球队,给亚洲球队包括我们造成很大的竞争(压力)。”孙铭徽表示,接下来中国队到欧洲拉练是难得的学习机会,“我们这几年在国内没太跟欧洲球队去对抗,这次去欧洲,包括去西班牙有好多大学和俱乐部职业队,跟他们多去学习一些在场上的身体对抗,机会特别难得。国际比赛和我们国内联赛是不一样的,从节奏包括身体对抗都是不一样的,我觉得应该从这两个方面去提高自己。”顾全表示,打亚洲杯中国队是靠意志品质和信念顶过来的,去欧洲拉练首先要恢复好身体和心理状态。“首先还是好好把身体状态恢复过来,然后就是心理,确实每个人都背负了不同的压力,需要一个释放的点。我觉得大家都能够扛过来,因为最困难的时候已经过去了,后面肯定会越来越好,所以说还是不要想太多。刨去客观因素总结我们在这次比赛里的不足,然后继续前行。

Current article:http://alaf.longdachemakuanshan.pics/tza/20260826/4305.html

Published on:10:47:55


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