[Times-Taipei Electric]US stocks rose strongly last Friday and the US dollar index weakened, which encouraged Taiwan’s stock market to rally today. , now early 30.5, once appreciated by 1.76 points at the beginning of the session, reaching 30,519 yuan, rewriting a new high in more than a month.
The Taiwan dollar appreciated 0.04% last week, less than the yuan’s 1.35% appreciation, but better than the Korean won’s 0.61% depreciation and 1.56% depreciation of the Japanese yen. Looking ahead to this week, traders said that the international market has a cautious view of the US Federal Reserve’s subsequent interest rate hike and that it is not easy for the US dollar to strengthen. Experts reminded us that this week we should pay attention to US CPI data for December of last year released on January 12 (Thursday), as well as information released by Federal Reserve officials. (edited by: Li Huilan)
