According to Mars Finance, as investors contemplate the Exchange Rate reassessment related to US tariff threats, some Asian coins have already experienced a big pump since last Friday. The rapid change in circumstances has caught traders off guard, leading to exaggerated movements. The earlier theme of depreciation has shifted towards emerging market currencies potentially being guided towards appreciation to align with US trade demands. Since last Thursday, the New Taiwan Dollar has risen 8.5% against the US Dollar. The sudden shift in market sentiment is based on the view that Asian countries may be willing to stimulate their currencies' appreciation, making US imports more attractive while weakening export competitiveness, in exchange for the US easing stringent trade tariffs. Buffett's warning over the weekend may also have put pressure on the US Dollar. (Reuters market analysts)
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The revaluation of Asian currency exchange rates has become a new theme in the market, possibly influenced by U.S. tariff policies.
According to Mars Finance, as investors contemplate the Exchange Rate reassessment related to US tariff threats, some Asian coins have already experienced a big pump since last Friday. The rapid change in circumstances has caught traders off guard, leading to exaggerated movements. The earlier theme of depreciation has shifted towards emerging market currencies potentially being guided towards appreciation to align with US trade demands. Since last Thursday, the New Taiwan Dollar has risen 8.5% against the US Dollar. The sudden shift in market sentiment is based on the view that Asian countries may be willing to stimulate their currencies' appreciation, making US imports more attractive while weakening export competitiveness, in exchange for the US easing stringent trade tariffs. Buffett's warning over the weekend may also have put pressure on the US Dollar. (Reuters market analysts)