Home NewsForex Market News stocks and foreign exchange double black volume can slump slightly to close at 29.914 yuan | Anue Juheng-Forex

stocks and foreign exchange double black volume can slump slightly to close at 29.914 yuan | Anue Juheng-Forex

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stocks and foreign exchange double black volume can slump slightly to close at 29.914 yuan | Anue Juheng-Forex


Taipei stocks both weakened today (26), the market focused on the outcome of the Federal Reserve’s interest rate decision, and the wait-and-see atmosphere was strong. The total transaction value of the foreign exchange market was US$995.5 million, and the volume could continue to be sluggish.

The exchange rate of the New Taiwan Dollar against the U.S. dollar has recently fallen into a range-bound pattern, and foreign capital tends to remit abroad, but the central bank continues to keep an eye on the exchange rate to avoid excessive depreciation. It depreciated 0.6 cents to close at 29.914 yuan. The turnover of the Taipei foreign exchange market was 644 million US dollars, and the turnover of the Yuantai foreign exchange market was 351.5 million US dollars.

Taiwan stocks fluctuated lower today, led by wafer giants, electronic weight stocks weakened one after another, the broader market fell by more than 180 points at one point, financial stocks were mixed, and funds were transferred to biotechnology and tourism groups, and the weighted index fell 129 points at the end. It closed at 14806 points and fell below the 5th line. The transaction value was only 183.3 billion yuan.

The US Federal Reserve (Fed) will hold an interest rate decision-making meeting on the 26th and 27th, and is scheduled to announce the results of the resolution on Wednesday afternoon in the United States (Two o’clock in the morning in Taiwan on Thursday). The market is generally expected to raise interest rates by 75 basis points (3 yards), making the Federal The target range for the funding rate is 2.25-2.50%.

Observing the exchange rate performance of major currencies against the US dollar, according to the statistics of the central bank, the US dollar index fell by 0.15% today, the Korean won rose by 0.47%, the euro rose by 0.26%, the Singapore dollar rose by 0.07%, the Japanese yen fell by 0.18%, the RMB fell by 0.05%, and the Taiwan dollar was small. down 0.02%.

The recent exchange rate trend of the New Taiwan Dollar. (Picture: Juheng.com)

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