The dollar continues to strengthen!

The New Taiwan dollar depreciated beyond the 30-yuan integer mark and temporarily closed at 30.037 yuan (provided by Huayin)

[Reporter Chen Meiying/Taipei Report] The market is waiting with bated breath for the public speech of Federal Reserve Chairman Jerome Powell on Tuesday. As the U.S. dollar continues to strengthen, the exchange rate of the New Taiwan dollar against the U.S. dollar fell below the integer mark of 30 yuan at the opening, and temporarily closed at 30.037 yuan at noon. , depreciated by 5.3 cents, and the turnover of Taipei foreign exchange brokerage companies was 785 million US dollars.

The New Taiwan dollar exchange rate fluctuated violently in the early trading. It was sold at 30.04 yuan and depreciated by 5.6 yuan.

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Since the South Korean won and the Chinese yuan have turned from depreciation to appreciation in the early trading, it is hard to say whether the market will change in the afternoon. It should be tested back and forth when the exchange rate of the New Taiwan dollar is judged to be around the 30-yuan integer level.

Observing the trend of major currencies, the U.S. dollar index continued its strength last week and closed up on Monday. However, after the euro and the British pound rose in early trading, it is currently pulling back slightly. FOB prices also turned from depreciation to rise, and the Thai baht even strengthened by 0.5%.

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