Home » Business » Stock exchange decoupling, the Taiwan dollar continues to soar by 4.5 cents, 1.5% higher than non-US currencies | Anue

Stock exchange decoupling, the Taiwan dollar continues to soar by 4.5 cents, 1.5% higher than non-US currencies | Anue

Affected by the heavy fall in U.S. stocks, Taiwan stocks opened with a drop of 262 points today (26). The drop once expanded to 358 points, and then fluctuated around a drop of 300 points. In contrast, the Taipei foreign exchange market remained strong.New Taiwan DollarImmediately after the market opened, it soared again by 4.54 points, reaching a maximum of 27.802 yuan, an increase of more than 1.5%. It stands out among non-US currencies and decouples from the performance of Taiwan stocks.

New Taiwan DollarAfter starting today at 28.13 yuan and an appreciation of 1.26 Jiao, it immediately surpassed the 28 and 27.9 yuan checkpoints, reaching a maximum of 27.802 yuan, and the appreciation was still more than 4.5 Jiao.

The legal person pointed out thatNew Taiwan DollarIn early trading, it did not break through yesterday’s high of 27.772 yuan again. This may be due to the fact that the market waits and sees whether the Fed may withdraw its easing policy support earlier than expected. However, market analysis views are mixed.New Taiwan DollarThere is no doubt about weakening, which will help the capital market to continue.

Observe the main Asian currencies,New Taiwan DollarThe strongest performance, with an appreciation of more than 1.5% in early trading.Japanese YenThai BahtRMBHong Kong dollarwithwonBoth fluctuated around the flat market, and the Xingyuan depreciated by more than 0.1%.


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