Daily Global Forex Market Highlights (May 5)

< br > < b > Asian currency exchange rate revaluation: < br > < span class = "section-news" > 1. After the Taiwan dollar rose above the 30 mark against the US dollar, it rose as much as 4.5%, setting a new high since June 2022. < br > < span class = "section-news" > 2. Several traders said that Taiwan's monetary policy authority entered the market early to provide US dollar liquidity. < br > < span class = "section-news" > 3. Taiwan's monetary policy authority: will hold a press conference at 16:30 this afternoon on the foreign exchange market. < br > < span class = "section-news" > 4. The offshore RMB rose above the 7.20 mark against the US dollar for the first time since November last year, rising nearly 900 points in two trading days. < br > < span class = "section-news" > 5. The Hong Kong dollar touched the strong side of the trading range for the second day in a row. < br > < span class = "section-news" > 6. Other Asian currencies rose: South Korean won 1.7%, Malaysian ringgit 1.4%, Singapore dollar 1%, Indonesian rupiah 1%. < br > < span class = "section-news" > 7. Goldman Sachs forecasts that Asian currencies such as the RMB, the New Taiwan Dollar and the Malaysian Ringgit will continue to appreciate. < br > < b > Others: < br > < span class = "section-news" > 1. Trump says a trade deal is likely this week. < br > < span class = "section-news" > 2. Trump makes it clear for the first time: Powell will not be fired early. < br > < span class = "section-news" > 3. US tariff revenue exceeded $17 billion in April, almost double the $9.60 billion in March. < br > < span class = "section-news" > 4. Japanese Finance Minister Katsunobu Kato retracts the argument that "U.S. debt will become a bargaining chip against the United States". < br > < span class = "section-news" > 5. Buffett: Investing in Japan is fully in line with our investment philosophy and will not sell Japanese stocks in the next ten years.