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China's Economy Cools Down Significantly. Will the CNY Continue to Depreciate?
Under the impact of the pandemic, China's economy cooled down significantly in April, with downward pressure on the economy coming to the fore and the CNY exchange rate continuing to depreciate, but the economy is also expected to improve with the better conditions of the pandemic and policy stimul

TRADING
AUDUSD: AUD is Affected by the Declining Commodity Prices
The recent decline in the prices of commodities such as iron ore exhibits the market's concerns about the slowdown of global economic growth, causing the bearish sentiment for commodity AUD.

CLOSED -361 Points
USDJPY: High Possibility of Short-term Pullback as Safe-Haven JPY Returns
Risk assets such as U.S. stocks have been hit hard recently, and the safe-haven JPY is once again in favor, with USDJPY showing a clear bearish trend in the short term.

CLOSED +978 Points
EURJPY: Falling from Highs, the Short-Term Pullback Continues
EURJPY has shown an obvious bearish trend, and a pullback is expected in the short term.

EXPIRED
NZDUSD: Bears Dominate the Market, Room to Fall in the Short Term
US inflation moderated, but the decline was less than expected. Meanwhile, the US dollar (USD) remains firm at its current high level, while the New Zealand dollar (NZD) remains weak in general.

CLOSED +404 Points
XAUUSD: Overall Trend is Bearish with a Possible Rebound in the Short Term
Gold is at present in a clear bearish trend, and it tends to rebound and adjust in the short term.

CLOSED +302 Points
AUDUSD: The Level of 0.7000 is Broken with Further Room for Decline
Commodity currency AUD faces the risk of a further decline caused by concerns about demand due to the slowing global growth.

EXPIRED
NZDUSD: NZD Shows a Weak Trend, Shorts Dominating the Market
The overall trend of the NZD is weak, shorts are still dominating the market. There is still the possibility of falling again after a short-term adjustment.

CLOSED +2800 Points
XAUUSD: With Strong Short-Term Short-Selling Momentum, To Continue to Short after a Rally
The U.S. dollar is still strong and extremely unfavorable to gold prices. The short-selling momentum is strong in the short term.

CLOSED +821 Points
AUDUSD: Longs and Shorts Battle at the Tipping Point, with 0.700 Mark at Stake
With inflation intensifying, market concerns about global economic growth have also increased. The Australian dollar, a commodity currency, could fall further.
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