U.S. stocks took the lead in venting. Taiwan stocks opened lower on the 25th and fell directly to “Wanqi”. Foreign capital launched a wave of battle royale, and the international dollar surged, dragging the NTD down to 29.3 yuan in one fell swoop, and ended at 29.37 yuan to 1 The U.S. dollar hit a new low in more than 19 months, depreciating 1.1 points, closing lower for the second consecutive trading day. The transaction volume of Taipei Foreign Exchange Brokerage Company was 1.401 billion U.S. dollars.
Foreign exchange traders said that the financial reports of large medical stocks in the US stock market were not good, and the Federal Reserve (Fed) was becoming more and more hawkish. The panic index VIX exceeded 17%, and the international dollar index broke through 101 to a high of more than two years. US stocks The four major indexes leaked thousands of miles, and the major stock markets were all green. Taiwan stocks opened wildly, and finally fell 404 points to 16,620 points. The depreciation of the New Taiwan Dollar also increased, with a maximum drop of 1.18 points during the session.
Foreign exchange traders pointed out that it was mainly foreign investors who were actively withdrawing funds and showing no mercy. They expanded their sales of Taiwanese stocks to 42.1 billion yuan and remitted at least 1.5 billion U.S. dollars. In addition, importers and overseas investment continued to buy foreign exchange. The merchants also threw foreign exchange in the market, but the volume was completely lost, and it also depends on the boss (the central bank) to enter the market to adjust the foreign exchange to block. Looking at the international unfavorable situation, there is no sign of improvement, and the attitude of foreign capital to return to the US dollar remains unchanged, and the NTD will further challenge the 29.5 yuan barrier in the short term.