港币/日元 (HKDJPY) 加自选

美元/日元分析：NFP报告后日元走强。今天，日元兑美元升值近1%，在美元/日元对的当前走势中引入了明显的看跌倾向。

USD/JPY Analysis: The Yen Strengthens After the NFP Report.Today, the Japanese yen appreciated by nearly 1% against the U.S. dollar, introducing a notable bearish bias in the current movements of the USD/JPY pair.

耐心是一种美德：日本央行保持稳定。在本周的会议上，日本央行（BoJ）将政策利率维持在0.50%，这是一个普遍预期的决定。贸易政策的不确定性似乎是日本央行政策制定者本月持观望态度的一个关键因素，该决定的鸽派元素和最新的经济预测表明，这一利率暂停可能会持续更长时间。

Patience Is A Virtue: Bank of Japan Holds Steady.In a widely expected decision, the Bank of Japan (BoJ) held its policy rate at 0.50% at this week's meeting. Uncertainty around trade policy appears to be a key factor that kept BoJ policymakers on the sidelines this month, and dovish-leaning elements of the decision and updated economic forecasts suggest this rate pause may extend for a bit longer.

继上月下降15.1%后，香港2025年3月零售额同比下降4.8%，标志着零售活动连续第十三个月下降。这主要是由于消费品下降（2月份为-17.9%，2月份为-16.6%）；服装和鞋类（-9.7%对-14.1%）；珠宝、钟表和贵重礼品（-6%对-16.6%）；百货商店（-5%对-22.9%）；燃料（-2%对-12.6%）；其他消费品（-2%对-12%）。相比之下，超市的销售额有所增长（2.8%对-18.9%）；食品、酒精饮料和烟草（7.1%对-11.1%）。按月计算，3月份零售额增长2.1%，扭转了2月份17.3%的大幅下降。政府发言人指出，全球经济前景日益增长的不确定性，以及消费模式的持续转变，将继续对该行业构成挑战。

Retail sales in Hong Kong dropped by 4.8% year-on-year in March 2025, following a 15.1% drop in the previous month, marking the thirteenth straight month of falling retail activity. This was mainly driven by the decrease in consumer goods (-17.9% vs -16.6% in February); clothing & footwear (-9.7% vs -14.1%); jewellery, watches and clocks & valuable gifts (-6% vs -16.6%); department stores (-5% vs -22.9%); fuels (-2% vs -12.6%); and other consumer goods (-2% vs -12%). In contrast, the sales increased in supermarkets (2.8% vs -18.9%); and food, alcoholic drinks & tobacco (7.1% vs -11.1%). On a monthly basis, retail sales rose by 2.1% in March, reversing the sharp 17.3% drop in February. A government spokesman noted that the growing uncertainty in the global economic outlook, along with the ongoing shift in consumption patterns, will continue to pose challenges for the sector.

美元/日元–2025年5月2日。到目前为止，美元兑日元设法保持在144.00的支撑区上方，并在145.15上方进一步上涨。正如我们在图表上看到的，只要市场保持在144.00以上，预计将进一步向147.15-30前进。

USD/JPY –02.05.2025.USDJPY so far managed to hold above the support zone of 144.00 and added more advance above 145.15. As we see over the chart and as long as the market holds above 144.00, more advance toward 147.15-30 will be expected.