TechFlow news, May 14 — According to Jinshi Data, Goldman Sachs stated that following recent progress in trade talks, the likely direction for USD/Asian currency pairs remains downward. Despite recent advances in China-U.S. trade negotiations, the main market themes have not changed: the trend of gradually diversifying away from U.S. assets should continue; Asian exporters should keep converting dollars into local currencies; and if Asian countries engage in trade talks with the U.S., their currency depreciation could become more difficult.
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