U.S. economy

The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? The Federal Reserve’s decision in December is key – Free Finance

by
The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? The Federal Reserve’s decision in December is key – Free Finance

The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? Legal persons are optimistic that the December Fed decision is the key to the battle between bulls and bears. (Picture taken from juheng.com) [Reporter Zhang Huiwen/Taipei Report]According to the Beige Book released by the Federal Reserve, the economy has slowed … Read more

University of Michigan’s Preliminary Consumer Confidence Index for November 2022

by
University of Michigan’s Preliminary Consumer Confidence Index for November 2022

A preliminary survey released by the University of Michigan on Friday (11th) showed that long-term inflation expectations in November rose to a new high since 2011, while consumers are increasingly worried about high borrowing costs and the economic outlook. The initial value of the consumer confidence index was higher than 10 The month-end value fell … Read more

Taiwan Stocks Fall and Asian Currencies Depreciate: Impact of Strengthening US Dollar

by
Taiwan Stocks Fall and Asian Currencies Depreciate: Impact of Strengthening US Dollar

Taiwan stocks fell, Asian currencies fell! The New Taiwan dollar has been depreciated by nearly 1 cent, and the temporary closing price is 31.762 yuan (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Taiwan stocks reversed and fell today, coupled with the strengthening of the U.S. dollar, Asian currencies fell, and funds were remitted on … Read more