With numerous signals in monetary policy, the recent direction of the global currency market remains unclear. Ping An Bank's Ping An Risk-avoidance Strategy Analyst Li Ni believes that the U.S. economy is showing resilience with reduced interest rate bets, keeping the USD stable. Concerns arise that the U.S.-Japan interest rate spread will not continue to converge, leading to a weaker Japanese Yen. Inflation and fundamental support indicate that the Bank of England is not in a hurry to cut interest rates, resulting in greater flexibility for the British Pound. Short-term volatility in the Chinese Renminbi is increasing, with potential valuation restoration awaiting improvement in fundamentals. (Yicai)