Price Performance - The latest price of London Platinum is $1084.00 with no change, and London Palladium is $992.00 with a decrease of $31.00. LME Copper's latest price is $9614.00 with an increase of $105.50 [2] - The latest value of the US Dollar Index is 98.98 with a decrease of 0.14, the Euro to US Dollar exchange rate is 1.14 with no change, the British Pound to US Dollar is 1.36 with no change, and the US Dollar to Japanese Yen is 142.84 with an increase of 0.27 [2] Trading Data - The latest inventory of SHFE Silver is 957.38, with a decrease of 3.26. The latest inventory of SGE Silver is 1574.34 with no change [3] - The SGE Gold's latest deferred fee payment direction is 2, and SGE Silver's is 1, both with no change [3]

Core Viewpoint - The article highlights significant fluctuations in the foreign exchange market, particularly the decline of the US dollar and the rise of the Chinese yuan, alongside Moody's decision to maintain China's sovereign credit rating, which has drawn market attention [1][9]. Currency Market Dynamics - On May 26, the US dollar index fell to 98.6921, marking a three-week low, while both onshore and offshore yuan appreciated, with the offshore yuan (CNH) breaking the 7.17 mark, reaching a high of 7.16155, the highest since December 2024 [1][3]. - The offshore yuan has seen a decline of over 2500 basis points in just over a month, influenced by concerns over the US's dual deficits following Moody's downgrade of the US credit rating from Aaa to Aa1 [6]. Monetary Policy Insights - The Federal Reserve's latest meeting minutes indicated a "hawkish wait-and-see" stance, pushing back rate cut expectations to September, while disappointing durable goods orders data led to short-term profit-taking on the dollar [8]. - Goldman Sachs' forex strategy team suggests that if the dollar index continues to decline, the yuan may test the 7.15 resistance level, but the second half of the year will depend on the divergence in monetary policies between China and the US [8]. Government and Economic Response - Moody's maintained China's sovereign credit rating at "A1" but kept the outlook negative, citing structural challenges in economic growth, including real estate adjustments and local debt risks. However, short-term fiscal stimulus and central bank support provide a buffer [9]. - The Chinese Ministry of Finance responded positively to Moody's decision, highlighting the government's macroeconomic policies since last year's fourth quarter, which have led to improved economic indicators and enhanced market confidence [9].

Group 1: Price Performance - London Gold latest price is $3284.00, with a change of -$15.65 [1] - London Silver latest price is $32.73, with a change of -$0.43 [1] - London Platinum latest price is $1064.00, with a change of $39.00 [1] - London Palladium latest price is $1020.00, with a change of $24.00 [1] - WTI Crude latest price is $61.20, with a change of -$0.37 [1] - LME Copper latest price is $9523.00, with a change of -$52.50 [1] - US Dollar Index latest is 99.94, with a change of 0.34 [1] - Euro to US Dollar latest is 1.13, with a change of -0.01 [1] - British Pound to US Dollar latest is 1.34, with a change of -0.00 [1] - US Dollar to Japanese Yen latest is 144.02, with a change of 0.34 [1] - US 10 - year TIPS latest is 2.20, with a change of -0.03 [1] Group 2: Trading Data - COMEX Silver inventory latest is 15505.22, with a change of -65.12 [1] - SHFE Silver inventory latest is 949.20, with a change of 8.40 [1] - Gold ETF持仓 latest is 923.89, with a change of 4.01 [1] - Silver ETF持仓 latest is 14132.67, with a change of 77.77 [1] - SGE Silver inventory latest is 1574.34, with a change of 0.00 [1] - SGE Gold deferred fee payment direction latest is 2, with a change of 1.00 [1] - SGE Silver deferred fee payment direction latest is 1, with a change of 0.00 [1] Group 3: Other Information - The data sources of the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [4]

Price Performance - London Gold price is 3299.65 with a change of 38.10 [1] - London Silver price is 33.16 with a change of 0.66 [1] - London Platinum price is 1025.00 with a change of 33.00 [1] - London Palladium price is 996.00 with a change of 36.00 [1] - WTI Crude price is 61.57 with a change of -0.46 [1] - LME Copper price is 9575.50 with a change of 103.50 [1] - US Dollar Index is 99.60 with a change of -0.42 [1] - Euro to US Dollar exchange rate is 1.13 with no change [1] - British Pound to US Dollar exchange rate is 1.34 with no change [1] - US Dollar to Japanese Yen exchange rate is 143.68 with a change of -0.82 [1] - US 10 - year TIPS is 2.23 with a change of 0.10 [1] Trading Data - COMEX Silver inventory is 15570.34 with a change of -14.65 [1] - SHFE Silver inventory is 940.80 with a change of 11.58 [1] - Gold ETF持仓 is 919.88 with a change of -1.72 [1] - Silver ETF持仓 is 14054.90 with no change [1] - SGE Silver inventory is 1574.34 with no change [1] - SGE Gold deferred - fee payment direction is 1 with no change [1] - SGE Silver deferred - fee payment direction is 1 with no change [1]

Group 1: US Dollar and Economic Outlook - The Director of the National Economic Council, Hassett, stated that US debt is the safest investment on the planet, and the decision by Moody's to downgrade the rating is retrospective [1] - US Treasury Secretary Basant is expected to attend the G7 finance ministers and central bank governors meeting in Canada, with no trade agreements anticipated to be announced [1] - White House Economic Council Chairman Milan noted that President Trump recognizes the deficit as an issue and has plans to reduce it [1] - White House Press Secretary Levitt indicated that the tax reform bill is closer to passing, emphasizing the necessity of Republican support for Trump's tax plan [1] - Federal Reserve's Bostic mentioned that Moody's downgrade will impact the entire economy and financial markets, reiterating an expected rate cut this year [1] Group 2: Non-US Major Currencies - The Reserve Bank of Australia cut the benchmark interest rate by 25 basis points to 3.85%, marking a return to the "3" range after two years [2] - Japan's 20-year government bond auction saw the lowest subscription ratio since 2012, leading to a spike in bond yields [2] - A member of the Bank of England, Dhingra, expressed support for a 50 basis point rate cut to signal the economic direction [2] - The European Commission's trade commissioner stated that the appreciation of the euro is a double-edged sword [2] - The European Central Bank's Müller did not rule out the possibility of further rate cuts, emphasizing the need for clear justification for significant reductions [2] Group 3: Other Economic Developments - Thailand's finance minister projected a significant slowdown in the Thai economy in the third and fourth quarters [3] - A Russian government source indicated acceptance of the ruble depreciating to 100 against the dollar [3] - A Reuters survey revealed that among 32 analysts, 20 expect the Bank of Indonesia to cut the 7-day reverse repo rate by 25 basis points to 5.50% on May 21 [3]

Price Performance - London Gold price is 3235.40 with no change [4] - London Silver price is 32.02 with no change [4] - London Platinum price is 983.00, down 4.00 [4] - London Palladium price is 962.00, down 17.00 [4] - WTI Crude Oil price is 61.95 with no change [4] - LME Copper price is 9565.00, up 27.00 [4] - US Dollar Index is 101.81 with no change [4] - Euro to US Dollar is 1.11 with no change [4] - British Pound to US Dollar is 1.32 with no change [4] - US Dollar to Japanese Yen is 148.47 with no change [4] - US 10 - year TIPS is 2.16 with no change [4] Trading Data - COMEX Silver inventory is 15698.53 with no change [4] - SHFE Silver inventory is 932.18, up 7.23 [4] - Gold ETF持仓 is 936.51, down 2.58 [4] - Silver ETF持仓 is 13999.75, down 29.70 [4] - SGE Silver inventory is 1626.48 with no change [4] - SGE Gold deferred fee payment direction is 2 with no change [4] - SGE Silver deferred fee payment direction is 1, down 1.00 [4]

Price Performance - Latest price of London Gold is 3324.55 with a change of -27.75 [1][2] - Latest price of London Silver is 32.52 with a change of 0.09 [1][2] - Latest price of London Platinum is 986.00 with no change [1][2] - Latest price of London Palladium is 975.00 with a change of -8.00 [1][2] - Latest price of WTI Crude is 61.02 with a change of 1.11 [1][2] - Latest price of LME Copper is 9365.00 with a change of 1.50 [1][2] - Latest value of US Dollar Index is 100.42 with a change of -0.21 [2] - Latest exchange rate of Euro to US Dollar is 1.12 with no change [2] - Latest exchange rate of British Pound to US Dollar is 1.33 with a change of 0.01 [2] - Latest exchange rate of US Dollar to Japanese Yen is 145.37 with a change of -0.55 [2] - Latest value of US 10 - year TIPS is 2.08 with no change [2] Trading Data - Latest inventory of SHFE Silver is 934.46 with an increase of 2.48 [3] - Latest holding of Gold ETF is 937.94 with a decrease of 1.74 [3] - Latest holding of Silver ETF is 14020.96 with an increase of 62.22 [3] - Latest inventory of SGE Silver is 1640.07 with no change [3] - Latest deferred fee payment direction of SGE Silver and SGE Gold is 1 with no change [3]

Core Insights - The article analyzes the top ten forex trading platforms, highlighting their features such as millisecond order execution, AI-driven strategy analysis, zero-spread accounts, and comprehensive risk management systems [1] Group 1: Company Profiles - STARTRADER, established in 2016, holds multiple licenses including FCA and ASIC, ensuring fund safety and trading fairness. It offers over 200 trading products with forex spreads as low as 0.0 pips and supports MT4, MT5, and its proprietary platform [3] - 嘉盛集团, founded in 1999, is a well-known platform regulated by NFA, FCA, and ASIC. It provides over 80 forex pairs with spreads as low as 0 pips and features a robust proprietary platform with extensive charting tools [3] - 福汇 FXCM, established in 1999, is regulated by FCA and ASIC, offering over 60 forex pairs with competitive spreads and a newly launched "cross-market hedging engine" [4] - XM, founded in 2009, is regulated by FCA and ASIC, providing over 1000 trading products with forex spreads starting at 0.6 pips and extensive educational resources [4] - Exness, established in 2008, focuses on forex and CFDs, regulated by FCA and CySEC, offering over 120 trading products with forex spreads as low as 0 pips and high leverage of 2000:1 [4] - 瑞讯 Swissquote, founded in 1996, serves high-net-worth clients and is regulated by FINMA and FCA, offering a range of products including forex with competitive spreads [5] - 激石 Pepperstone, established in 2010, is technology-driven and regulated by ASIC and FCA, providing over 1000 trading products with forex spreads as low as 0.6 pips and fast order execution [6] - IC Markets, founded in 2007, is regulated by ASIC and FSA, offering over 2200 trading products with forex spreads as low as 0 pips and supporting high-frequency trading strategies [6] - EBC Group, established in 2017, is regulated by FCA and ASIC, offering over 1000 trading products with forex spreads starting at 0.6 pips and a unique "three-tier risk control model" [6] - ATFX, recognized for its performance in Q1 2025, reported a total trading volume of $776.5 billion, with significant growth in various trading categories compared to previous quarters [7]

Core Viewpoint - The article discusses the implementation of a dual-track system for administrative and criminal penalties in the foreign exchange sector, emphasizing the need for collaboration between judicial and administrative bodies to combat illegal foreign exchange activities effectively [1][3][5]. Group 1: Legal Framework and Enforcement - The Supreme People's Procuratorate and the State Administration of Foreign Exchange have released typical cases to clarify the legal framework for addressing illegal foreign exchange activities, aiming to unify enforcement standards and prevent regulatory loopholes [1][5]. - Cases involving significant illegal foreign exchange transactions will be subject to criminal liability, while those below the threshold will face administrative penalties [1][2]. Group 2: Case Studies and Outcomes - In the case of Li Mou Yi, the individual was involved in illegal foreign exchange activities amounting to 1.047 billion RMB, leading to criminal prosecution and a sentence of one year and three months in prison, along with a fine of 400,000 RMB [6][7]. - The case of Fan Mou and others resulted in administrative fines ranging from 1.4 million to 2.867 million RMB for their involvement in illegal foreign exchange activities, highlighting the administrative penalties imposed for such violations [2][30]. Group 3: Mechanisms for Coordination - The establishment of a collaborative mechanism between the procuratorial and foreign exchange management departments is crucial for ensuring effective enforcement and addressing illegal foreign exchange activities [16][31]. - The article emphasizes the importance of communication and cooperation between different agencies to streamline the process of evidence transfer and administrative penalties [39][40]. Group 4: Public Awareness and Compliance - The article warns the public against engaging in illegal foreign exchange activities and encourages the use of legitimate channels for foreign exchange transactions [2][3]. - It highlights the need for public education on the risks and legal implications of participating in illegal foreign exchange activities [2][24].

Core Insights - The analysis of support and resistance levels for 18 major currency pairs provides crucial trading references for investors in the foreign exchange market [1][2] - Key technical signals have emerged for major currency pairs such as the USD Index, USD/JPY, and USD/CAD, indicating market volatility and trading opportunities [1] Summary by Categories USD Index and Major Currency Pairs - The USD Index is positioned at a pivot point of 99.512, with support and resistance levels ranging from 97.998 to 100.779, indicating a fluctuating market environment [1] - The USD/JPY pair has a pivot point of 158.27, with support and resistance between 157.29 and 159.33, suggesting relative stability with some volatility [1] - The USD/CAD and AUD/USD pairs show pivot points at 1.4374 and 0.6215 respectively, highlighting the complexity and diversity of the forex market [1] Chinese Yuan (CNY) Dynamics - The USD/CNY pair has a pivot point at 7.3308, with a support and resistance range of 7.3271 to 7.3355, indicating limited market fluctuations and providing operational space for investors [1]