香港，10月30日：周五，在日本央行利率决议出炉前，日元保持稳定；与此同时，受新一轮人工智能股票抛售引发避险情绪，美元跟随美债收益率走低。
HONG KONG, Oct 30 : The yen was steady on Friday ahead of the Bank of Japan's policy decision, while the dollar tracked Treasury yields lower as a fresh wave of selling in AI shares triggered a flight to safety.
日本央行预计将维持利率在1.25%不变，这一举措在市场预期之中，尽管通胀压力依然居高不下；预计日本央行将释放鹰派信号，市场定价显示12月加息的概率约为80%。
The BOJ is set to keep interest rates on hold at 1.25 per cent in a widely anticipated move despite elevated inflation pressures, with a hawkish tone expected and markets pricing in about an 80 per cent chance of a December hike.
当日日元微幅走弱，报157.815日元兑1美元，本月迄今对美元下跌约0.2%。
The yen weakened a touch on the day to around 157.815 per dollar and was on track for a 0.2 per cent decline this month against the dollar.
日本央行将结束本周密集的央行决议周期，此前欧洲央行、美联储和新西兰储备银行均维持利率不变，它们在顽固通胀和金融条件收紧的背景下选择观望。
The BOJ will wrap up a packed week of central bank decisions, with the European Central Bank, the US Federal Reserve and the Reserve Bank of New Zealand all leaving interest rates unchanged as they bide their time amid stubborn inflation and tightening financial conditions.
但这绝不意味着宽松周期结束，能源价格徘徊在数月高位，中东冲突仍无解决迹象。下周市场将聚焦英格兰银行和澳洲储备银行的决议。
But they are by no means done, with energy prices near multi-month highs and no resolution to the conflict in the Middle East in sight. The Bank of England and the Reserve Bank of Australia will be in focus next week, with investors watching their decisions.
“我认为这只是暂时的停顿。全球紧缩周期仍将持续，这将继续成为外汇市场的驱动力，”澳新银行亚洲研究主管Khoon Goh表示。
"I think this is just a temporary pause. The global tightening cycle is still going to continue and that will continue to be a driver for FX markets," said Khoon Goh, head of Asia research at ANZ.
“最大的问题是，当我们进入2027年，如果通胀持续居高不下，我们是否可能面临甚至更多的加息。”
"The big question is as we enter 2027, whether or not we might end up with potentially even more hikes if the inflation stays elevated." The euro was last flat at $1.1185 against the greenback after briefly dipping to its lowest since May 2025 in the previous session, and was on track for a 1.2 per cent monthly drop.
欧元兑美元上次报1.1185，基本持平，此前一交易日曾短暂跌至2025年5月以来最低，本月迄今下跌约1.2%。英镑兑美元上涨0.1%，报1.3390，本月上涨约1%。
Sterling strengthened 0.1 per cent to $1.3390, and was up 1 per cent for the month.
澳元兑美元基本持平，报0.7030，10月上涨约1.2%。纽元兑美元微幅走弱，报0.5626，本月基本持平。AI担忧引发避险情绪 美元指数微跌衡量美元兑一篮子货币汇率的美元指数微跌至101.77。本月美元指数有望上涨0.3%，标志着连续第二个月上涨。
The Australian dollar was little changed at $0.7030 and was up 1.2 per cent for October. The kiwi weakened slightly to $0.5626 and was flat for the month.
美元主要受美国国债收益率下滑拖累，因避险资产吸引新的买盘。Alphabet本周早些时候发布的财报重燃了市场对AI支出的担忧，并拖累更广泛的股市下跌，引发股票抛售，使避险债券更具吸引力。
AI JITTERS DRIVE FLIGHT TO SAFETY The dollar index, which measures the US currency against a basket of peers, was a shade weaker at 101.77. It was set for a 0.3 per cent gain this month, marking a second straight monthly rise.
基准10年期美国国债收益率最新报4.8958%，30年期国债收益率跌至5.2623%，均创一个多月新低。
The greenback is largely weighed by a dip in US Treasury yields as the safe-haven assets attract new bids. Results from Alphabet earlier in the week rekindled worries about AI spending and pushed broader stock markets lower, triggering a selloff in equities and making safe-haven bonds more attractive.
“市场反应看起来不同于传统的由能源驱动的风险厌恶事件，”华侨银行外汇策略师沈墨祥在报告中表示。
The yield on the benchmark US 10-year Treasury note was last 4.8958 per cent and that on the 30-year bond fell to 5.2623 per cent, both at their lowest in over a month.
“美国中心的AI担忧并未支撑美元并推高美债收益率，反而伴随着美债收益率下降，美元走软或总体保持低迷。”
"The market reaction looked different from a conventional energy-driven risk-off episode," Sim Moh Siong, FX strategist at OCBC said in a note.
其他方面，油价维持高位，布伦特原油期货有望在本月录得11.5%的涨幅，实现连续第四个月上涨，为两年多来最长涨幅纪录。
"Rather than supporting the USD and pushing US yields higher, US-centric AI concerns were accompanied by lower Treasury yields and a softer or broadly subdued USD." Elsewhere, oil prices remained elevated, with Brent crude futures on track for an 11.5 per cent gain in their fourth straight month of gains, the longest streak in over two years.