{"id":177267,"date":"2026-08-12T16:52:11","date_gmt":"2026-08-12T16:52:11","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/177267\/"},"modified":"2026-08-12T16:52:11","modified_gmt":"2026-08-12T16:52:11","slug":"jen-znovu-oslabuje-zasah-usa-a-japonska-rychle-ztraci-ucinek","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/177267\/","title":{"rendered":"Jen znovu oslabuje, z\u00e1sah USA a\u00a0Japonska rychle ztr\u00e1c\u00ed \u00fa\u010dinek"},"content":{"rendered":"<p class=\"c_bB\">Asijsk\u00e1 m\u011bna na konci \u010dervence pos\u00edlila z\u00a0p\u0159ibli\u017en\u011b 164\u00a0jen\u016f za dolar, co\u017e byla nejslab\u0161\u00ed \u00farove\u0148 za zhruba \u010dty\u0159i desetilet\u00ed, a\u017e k\u00a0hranici 155\u00a0jen\u016f za dolar. V\u00a0pond\u011bl\u00ed u\u017e ale oslabil na 158,91\u00a0jenu za dolar.<\/p>\n<p class=\"c_bB\">Obchodn\u00edci na term\u00ednov\u00fdch a\u00a0op\u010dn\u00edch trz\u00edch nav\u00edc podle listu <a data-dot=\"atm-link\" target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.ft.com\/content\/47d2ab3c-0423-49ed-89ca-68683761ed98?syn-25a6b1a6=1\" class=\"c_N\">Financial Times<\/a> st\u00e1le s\u00e1zej\u00ed na dal\u0161\u00ed pokles japonsk\u00e9 m\u011bny. Velikost t\u011bchto pozic sice po z\u00e1sahu klesla, pesimistick\u00fd pohled investor\u016f ale nezmizel.<\/p>\n<p class=\"c_bB\">\u201e\u00da\u010dinek intervence sl\u00e1bne,\u201c uvedl Van Luu z\u00a0investi\u010dn\u00ed spole\u010dnosti Russell Investments.<\/p>\n<p><a data-dot=\"atm-link\" target=\"_self\" href=\"https:\/\/www.novinky.cz\/clanek\/ekonomika-usa-vyprodavaly-eura-aby-podporily-japonsky-jen-evropa-ale-o-zasahu-predem-nevedela-40591788\" class=\"c_N\" rel=\"nofollow noopener\"><img fetchpriority=\"high\" height=\"1350\" width=\"2400\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/08\/1786553530_808_ecb.jpeg\" loading=\"eager\" decoding=\"sync\" class=\"c_t c_r\"\/><\/a><\/p>\n<p class=\"c_bB\">Podle n\u011bj bude k\u00a0trvalej\u0161\u00edmu pos\u00edlen\u00ed jenu pot\u0159eba v\u00edce ne\u017e jen n\u00e1kupy m\u011bny na trhu. Trhy nyn\u00ed sleduj\u00ed p\u0159edev\u0161\u00edm japonskou centr\u00e1ln\u00ed banku. Investo\u0159i se domn\u00edvaj\u00ed, \u017ee samotn\u00e9 devizov\u00e9 intervence jen dlouhodob\u011b nepodr\u017e\u00ed, pokud Bank of Japan z\u00e1rove\u0148 nezv\u00fd\u0161\u00ed \u00farokov\u00e9 sazby.<\/p>\n<p class=\"c_bB\">Centr\u00e1ln\u00ed banka na \u010dervencov\u00e9m zased\u00e1n\u00ed ponechala z\u00e1kladn\u00ed sazbu na jednom procentu. Z\u00e1znam z\u00a0jedn\u00e1n\u00ed ale uk\u00e1zal, \u017ee \u010d\u00e1st veden\u00ed za\u010d\u00edn\u00e1 vid\u011bt v\u011bt\u0161\u00ed riziko dal\u0161\u00edho r\u016fstu inflace. <\/p>\n<p class=\"c_bB\">Jeden z\u00a0\u010dlen\u016f bankovn\u00ed rady uvedl, \u017ee vzhledem k\u00a0tomu, jak se j\u00e1drov\u00e1 inflace p\u0159ibli\u017euje dv\u011bma procent\u016fm, by mohlo b\u00fdt nutn\u00e9 zvy\u0161ovat sazby rychleji, ne\u017e nyn\u00ed o\u010dek\u00e1vaj\u00ed finan\u010dn\u00ed trhy. Obchodn\u00edci te\u010f d\u00e1vaj\u00ed p\u0159ibli\u017en\u011b pades\u00e1tiprocentn\u00ed pravd\u011bpodobnost tomu, \u017ee Bank of Japan na z\u00e1\u0159ijov\u00e9m zased\u00e1n\u00ed zv\u00fd\u0161\u00ed sazbu o\u00a0\u010dtvrt procentn\u00edho bodu.<\/p>\n<p class=\"c_bB\">Analytici Citi o\u010dek\u00e1vaj\u00ed v\u00fdrazn\u011bj\u0161\u00ed zm\u011bnu m\u011bnov\u00e9 politiky a\u00a0p\u0159edpokl\u00e1daj\u00ed, \u017ee s\u00e9rie zvy\u0161ov\u00e1n\u00ed sazeb za\u010dne pr\u00e1v\u011b v\u00a0z\u00e1\u0159\u00ed. Do konce p\u0159\u00ed\u0161t\u00edho roku by podle nich mohla z\u00e1kladn\u00ed sazba dos\u00e1hnout dvou procent.<\/p>\n<p>Dopad oslabila ne\u00fa\u010dast Evropy<\/p>\n<p class=\"c_bB\">Investo\u0159i z\u00e1rove\u0148 upozor\u0148uj\u00ed na neobvykl\u00fd zp\u016fsob, jak\u00fdm byla posledn\u00ed intervence provedena. Spojen\u00e9 st\u00e1ty p\u0159i podpo\u0159e jenu prod\u00e1valy eura, nikoli dolary. Evropsk\u00e1 centr\u00e1ln\u00ed banka p\u0159itom o\u00a0transakci nebyla p\u0159edem informov\u00e1na.<\/p>\n<p class=\"c_bB\">Podle investor\u016f t\u00edm z\u00e1sah ztratil \u010d\u00e1st sv\u00e9 s\u00edly. Koordinovan\u00e1 intervence n\u011bkolika velk\u00fdch centr\u00e1ln\u00edch bank toti\u017e d\u00e1v\u00e1 trhu v\u00fdrazn\u011bj\u0161\u00ed sign\u00e1l, \u017ee se m\u011bnov\u00e9 autority shoduj\u00ed na pot\u0159eb\u011b zm\u011bnit kurz. To byl t\u0159eba p\u0159\u00edpad roku 2011, kdy \u010dlenov\u00e9 skupiny nejbohat\u0161\u00edch zem\u00ed G7\u00a0spole\u010dn\u011b zas\u00e1hli proti prudk\u00e9mu posilov\u00e1n\u00ed jenu po ni\u010div\u00e9m zem\u011bt\u0159esen\u00ed v\u00a0Japonsku.<\/p>\n<p class=\"c_bB\">Slab\u0161\u00ed m\u011bna te\u010f Japonsku zdra\u017euje dovoz, zejm\u00e9na energi\u00ed, a\u00a0podporuje inflaci v\u00a0dob\u011b, kdy jsou na trhu vysok\u00e9 ceny ropy.<\/p>\n<p class=\"c_bB\">Washington zase sleduje p\u0159\u00edli\u0161 siln\u00fd dolar. Ameri\u010dt\u00ed p\u0159edstavitel\u00e9 se ob\u00e1vaj\u00ed i\u00a0toho, \u017ee by Japonsko p\u0159i rozs\u00e1hlej\u0161\u00ed intervenci mohlo za\u010d\u00edt prod\u00e1vat \u010d\u00e1st sv\u00fdch velk\u00fdch z\u00e1sob americk\u00fdch st\u00e1tn\u00edch dluhopis\u016f.<\/p>\n<p><a data-dot=\"atm-link\" target=\"_self\" href=\"https:\/\/www.novinky.cz\/clanek\/ekonomika-japonsky-jen-spadl-na-dno-washington-a-tokio-mu-pomohly-vyjimecnym-zasahem-40590910\" class=\"c_N\" rel=\"nofollow noopener\"><img height=\"2304\" width=\"4096\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/08\/1786553531_829_mena.jpeg\" loading=\"eager\" decoding=\"sync\" class=\"c_t c_r\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Asijsk\u00e1 m\u011bna na konci \u010dervence pos\u00edlila z\u00a0p\u0159ibli\u017en\u011b 164\u00a0jen\u016f za dolar, co\u017e byla nejslab\u0161\u00ed \u00farove\u0148 za zhruba \u010dty\u0159i desetilet\u00ed,&hellip;\n","protected":false},"author":2,"featured_media":177268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[67,68,20340,245,3803,113],"class_list":["post-177267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-business","tag-byznys","tag-intervence","tag-japonsko","tag-mena","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/117083580009399650","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/177267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=177267"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/177267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/177268"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=177267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=177267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=177267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}