周四，日元兑美元汇率保持在147.4左右，延续了近四周的横盘交易模式，投资者正在为一波经济数据做准备。周五，市场将分析工业生产、零售销售和消费者信心等报告。东京的通胀数据——被视为衡量全国价格趋势的领先指标——也将受到日本央行政策信号的密切关注。上周末，日本央行行长上田和夫表示，在劳动力市场趋紧的情况下，工资将进一步上涨，这增强了人们对再次加息条件逐渐到位的预期。在7月份的会议上，日本央行保持利率不变，但上调了通胀预测，并对经济表现出更乐观的基调。

The Japanese yen held around 147.4 per dollar on Thursday, extending a sideways trading pattern that has persisted for nearly four weeks as investors braced for a wave of economic data. On Friday, markets will parse reports on industrial production, retail sales and consumer confidence, among others. Tokyo’s inflation print — viewed as a leading gauge of nationwide price trends — will also be closely watched for Bank of Japan policy signals. Over the weekend, BOJ Governor Kazuo Ueda said wages are set to rise further amid a tightening labor market, reinforcing expectations that conditions for another rate hike are gradually falling into place. At its July meeting, the BOJ kept interest rates unchanged but raised inflation forecasts and struck a more optimistic tone on the economy.

日经225指数微涨0.1%，至42560点左右，而周四更广泛的东证指数上涨0.2%，至3075点，部分弥补了本周的损失，因为芯片股在英伟达强于预期的收益和收入后引起了人们的关注。尽管如此，Nvidia的数据中心销售额连续第二个季度低于预期，该公司报告称，在此期间没有向中国销售H20芯片。在国内方面，投资者等待周五公布的主要经济报告，包括工业生产、零售销售和消费者信心。东京通胀数据被视为衡量全国价格趋势的主要指标，也将受到密切关注，以了解日本央行政策前景的信号。涨幅较大的公司包括软银集团（3%）、三丽鸥（2.2%）、东京电子（1.3%）、东京电力（2.5%）和尼康公司（2.4%）。

The Nikkei 225 Index edged up 0.1% to around 42,560 while the broader Topix Index gained 0.2% to 3,075 on Thursday, recovering part of this week’s losses as chip stocks drew attention following Nvidia’s stronger-than-expected earnings and revenue. Still, Nvidia’s data center sales fell short of estimates for a second consecutive quarter, and the firm reported no sales of H20 chips to China during the period. On the domestic front, investors awaited key economic reports due Friday, including industrial production, retail sales and consumer confidence. Tokyo inflation figures, seen as a leading gauge of nationwide price trends, will also be closely watched for signals on the Bank of Japan’s policy outlook. Among notable gainers were SoftBank Group (3%), Sanrio (2.2%), Tokyo Electron (1.3%), Tokyo Electric Power (2.5%) and Nikon Corp (2.4%).

MUFG美元兑日元预测：美元/日元下跌，目标143.50。美元兑日元（GBP/JPY）汇率上周达到149.0以下的峰值，并在美联储主席鲍威尔发表最新评论后大幅下跌。美元/日元目前交易在147.40左右，MUFG在美国劳动力市场恶化的情况下保持143.50的目标。

MUFG US Dollar to Yen Forecast: USD/JPY Losses, Target 143.50.The dollar to Yen (GBP/JPY) exchange rate peaked below the 149.0 level last week and dipped sharply following the latest comments by Fed Chair Powell. USD/JPY is currently trading around 147.40 and MUFG maintains a target of 143.50 amid deterioration in the US labour market.

美元上涨，交易员关注特朗普与美联储的斗争：欧元/美元、英镑/美元、美元/加元、美元/日元分析。随着交易员继续关注特朗普解雇丽莎·库克的努力，美元上涨。

U.S. Dollar Gains Ground As Traders Focus On Trump's Battle Against The Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency gains ground as traders stay focused on Trump's effort to fire Lisa Cook.