May saw a notable volatility spike in the global financial markets as the USD, euro, pound sterling, and Japanese yen all adjusted nearly 3% in the free market, reflecting the cautious sentiment of international capital flows after a hot rally. Meanwhile, exchange rates at banks remained flat and close to the ceiling, indicating persistent pressure on domestic foreign exchange. Investors are entering a phase of asset reallocation, prioritizing quality cash, gold, and high-defense investment channels amid the unpredictable global market.
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