Wonderful introduction:
Let the sorrows be full of worries, and can't sleep, push the moon. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?
Hello everyone, today Avatrade Aihua Foreign Exchange will bring you "[Aihua Ava Foreign Exchange Market Analysis]: Collection of positive and negative news that affects the foreign exchange market". Hope it will be helpful to you! The original content is as follows:
The following is a collection of positive news that affects the foreign exchange market in the must-read trading on May 7, 2025:
Good news
China's economic data supports the RMB: The 58th Annual Meeting of the Asian Development Bank Council was held in Milan, Italy from May 4 to 7. The Minister of Finance pointed out at the meeting that China's GDP grew by 5.4% year-on-year in the first quarter of this year, achieving a good start, and China is confident of achieving the growth target of about 5% in 2025. The stable economic growth will attract international capital inflows, increase the demand for the RMB, and provide strong support for the RMB exchange rate.
The improvement of China-Europe relations is good for the euro and the RMB: On May 6, a spokesperson for the Ministry of Foreign Affairs said that China and Europe agreed to simultaneously lift restrictions on mutual exchanges. The lifting of restrictions on exchanges between China and Europe will promote the growth of trade and investment between the two sides, increase the market's confidence in the euro and the RMB, and will benefit the performance of the euro and the RMB in the international foreign exchange market in the long run.
Hong Kong dollar demand drives the Hong Kong dollar strengthening: Hong Kong Monetary Authority President Yu Weiwen said that the demand for the Hong Kong dollar continues to rise, and the strengthening of the Hong Kong dollar is mainly driven by stock-related demand, and no abnormal activity has been seen in the Hong Kong dollar. Increased demand for the Hong Kong dollar will drive its exchange rate to rise and perform stronger in the foreign exchange market.
Bold news
U.S. tariff policy uncertainty: At the regular press conference of the Ministry of Foreign Affairs on May 6, in response to Trump's remarks that he would not cancel tariffs on China in order to negotiate with China, China emphasized that the United States should stop threats and pressures, and conduct dialogue on the basis of equality, respect and reciprocity. Uncertainty in the U.S. tariff policy will increase market risk aversion and lead to investorsConfidence in related currencies has decreased, which in turn has affected the stability of the foreign exchange market.
The tension in India and Pakistan triggers regional currency fluctuations: According to Indian media reports, India cut off the water source from the Berglihar Dam on the Jenab River to Pakistan, and the Jenab River dried up sharply. Tensions in the situation in India and Pakistan may trigger instability in regional financial markets, resulting in intensification of the fluctuations in the foreign exchange market of related currencies such as the Indian rupee and Pakistani rupee in the foreign exchange market, and will also affect investors' confidence in the currency in the region.
South Korea's political and economic situation increases fluctuations in the won: South Korean acting President Han De-soo and core members of the economic team resigned one after another, the corporate investment confidence index plummeted, the international credit rating agency S&P adjusted South Korea's sovereign credit outlook from "stable" to "negative", and the US-South Korea Free Trade Agreement re-negotiation process was forced to postpone. These factors will make the market worry about the prospects of the South Korean economy, increasing uncertainty and volatility risks in the Korean won exchange rate. Although the Korean won has recently appreciated due to the central bank's release of monetary easing expectations, in the long run, the current political and economic situation may have a certain suppression effect on the Korean won exchange rate.
The above news will have an impact on the performance of the corresponding currency in the foreign exchange market, but the foreign exchange market is avaforexcn.complex and changeable, and is also affected by a avaforexcn.combination of various factors. Investors need to pay close attention to changes in various news when conducting foreign exchange transactions and make decisions with caution.
The above content is all about "[Ava Ava Foreign Exchange Market Analysis]: Collection of Positive and Negative News that Influences the Foreign Exchange Market". It was carefully avaforexcn.compiled and edited by the Avatrade Foreign Exchange Editor. I hope it will be helpful to your trading! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as pure as a flower can bring fragrance. The dusty heart gradually opened, and I learned to share, sharing is actually so simple.