Home NewsForex Market News 〈TWD〉Pigs and sheep change color in the afternoon and end at 30.458 yuan for 4 liters |

〈TWD〉Pigs and sheep change color in the afternoon and end at 30.458 yuan for 4 liters |

by WOOWinvest
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〈TWD〉Pigs and sheep change color in the afternoon and end at 30.458 yuan for 4 liters |


The exchange rate of the New Taiwan dollar against the U.S. dollar once rose to 30.3 in intraday trading today (12th), which was the first time in more than four months. However, buying orders for the U.S. dollar immediately emerged. 2.3 points, closing at 30.458 yuan, ending the 4-day winning streak. The total turnover of the Taipei and Yuantai foreign exchange markets was 1.134 billion US dollars.

The exchange rate of the Taiwan dollar against the U.S. dollar broke through the 30.4 yuan barrier in early trading today, and once rose to 30.382 yuan, an appreciation of 5.3 cents. The transaction value of foreign exchange market was 775 million US dollars, and the transaction value of Yuantai foreign exchange market was 359 million US dollars.

Taiwan stocks fluctuated today, bulls fell into wait-and-see, electronic stocks generally retreated, and shipping stocks were under selling pressure. The market turned black and tested 14,700 points. to 150 billion yuan. The three major legal persons bought a total of 2.529 billion yuan, and the foreign capital’s purchase of super stocks dropped significantly.

Observing the performance of major currencies against the U.S. dollar today, according to central bank statistics, the U.S. dollar index fell 0.08%, the Japanese yen rose 0.62%, the strongest among Asian currencies, the renminbi appreciated 0.28%, the euro appreciated 0.16%, and the Korean won and Singapore dollar appreciated 0.03% respectively %, 0.02%, and the NT dollar was relatively weak, with a final depreciation of 0.08%.

Investors are waiting for key U.S. economic data released on Thursday. The market generally expects that the U.S. consumer price index (CPI) annual growth rate will further fall to 6.5% in December last year, and the core CPI growth rate will also fall to 5.7%. Inflationary pressure It is expected to ease and become the basis for the Fed to slow down the pace of raising interest rates.

New Taiwan dollar recent exchange rate trend.  (Picture: Juheng.com)
New Taiwan dollar recent exchange rate trend. (Picture: Juheng.com)

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