Daily Global Foreign Exchange Market Highlights (May 10)

< br > < span class = "section-news" > 1. Peru's central bank cut its base rate from 6.0% to 5.75%. < br > < span class = "section-news" > 2. Mexico's central bank left its interest rate unchanged at 11%. < br > < span class = "section-news" > 3. Poland's central bank left its base rate unchanged at 5.75%. < br > < span class = "section-news" > 4. The Bank of England left its base rate unchanged at 5.25%, in line with expectations. Traders tend to cut rates for the first time in June after the interest rate decision. < br > < span class = "section-news" > 5. Bank Negara Malaysia kept its policy rate at 3%, in line with expectations. Deputy Governor of Bank Negara Malaysia: Confident that the ringgit will strengthen. < br > < span class = "section-news" > 6. Fed Daly: It will take more time for the restrictive interest rate to take effect. If the labor market deteriorates, a rate cut may be considered. < br > < span class = "section-news" > 7. Market news: Zimbabwe will fine companies that do not use the foreign exchange rate of the new official currency ZIG. < br > < span class = "section-news" > 8. Goldman Sachs Strategist: The Swedish krona, the Australian dollar and the Canadian dollar will be hit hardest by long-term high interest rates in the United States. < br > < span class = "section-news" > 9. Argentina's central bank will change its operating settlement cycle in the wholesale foreign exchange market from T + 0 to T + 1 to align with initiatives promoted by major international markets. < br > < span class = "section-news" > 10. Governor of Turkey's central bank: Determined to maintain tightening policy until the inflation outlook improves significantly. Further monetary policy tightening will be implemented if necessary. Deputy Governor of Turkey's central bank: Demand for the lira will continue to rise; foreign exchange purchases will not affect the inflation target; policy may cause the lira to appreciate.