Key Takeaways: 
Hong Kong’s central bank intervenes in the currency market to maintain the peg to the US dollar 
The Hong Kong Monetary Authority has large foreign reserves to support the currency peg 
The peg helps ensure stability in Hong Kong’s economy 
External pressures can sometimes lead to speculation against the … Read more
Key Takeaways: U.S. dollar is weakening 
Speculation surrounding a revaluation of the Taiwan currency Currency market volatility expected 
Uncertainty about potential impact on global economy 
Australia dollar hit five-month high 
Taiwan dollar strengthened significantly 
China’s yuan hit highest in six months amid trade talks Fed expected to … Read more
Key Takeaways: Euro is predicted to rise to $1.22 in a year Positive outlook for the Euro’s performance Forecast made by Danske Bank 
Reflects bank’s expectations for Euro’s strength Euro’s Bright Future Predicted by Danske Bank Danske Bank has forecasted a positive outlook for the Euro’s performance, predicting that it will … Read more
Key Takeaways: 
HKMA sold HK$46.5 billion to defend currency peg 
Hong Kong Dollar under pressure due to Taiwan Dollar fluctuations 
HKMA intervenes in currency markets to maintain stability Market uncertainty and volatility impacting Hong Kong Dollar HKMA injected HKD46 billion to maintain currency peg 
Hong Kong dollar remains pegged … Read more
Key Takeaways: 
Inflation in Turkey for April is predicted to be around 3.1% The increase is mainly due to higher energy prices There is also an impact from foreign exchange rate pass-through effect Factors Contributing to Inflation in Turkey Inflation in Turkey for April is expected to reach around 3.1%, with the … Read more
Key Takeaways Asian FX markets saw minimal movement due to thin holiday trading 
The Australian dollar showed optimism following the recent elections Overall, currency fluctuations were subdued in the Asian markets Asian FX Markets Remain Stable in Thin Holiday Trading The Asian foreign exchange (FX) markets experienced minimal movements as a result … Read more
Key Takeaways US government is taking steps to ban Cambodian casino owner, Huione, over alleged money laundering activities 
Huione is accused of facilitating money laundering through its large-scale gaming operations 
The proposed ban would prevent US businesses from conducting transactions with Huione or its affiliates 
This move is part of the … Read more
Key Takeaways Dollar weakened ahead of payrolls report Euro strengthened due to positive PMI data 
Market focus shifting towards economic data Tech stocks surged on Friday, boosting the market The S&P 500 and the Nasdaq hit record highs Positive performance driven by strong earnings from tech giants Pfizer … Read more
Key Takeaways 
Asian FX strengthened as China considers trade talks with the US Dollar experiences a decline in anticipation of the release of payrolls data Market focus shifts towards potential trade discussions between China and the US China’s Potential Trade Talks with the US Drive Market Movements As the Asian FX strengthened … Read more
Key Takeaways: Trump’s stablecoin has been selected for a $2 billion investment in Abu Dhabi The investment will be made through Binance, according to the co-founder 
This development highlights the growing popularity and adoption of stablecoins in the financial industry Trump’s Stablecoin Chosen for $2 Billion Investment in Abu Dhabi In a … Read more