{"id":169866,"date":"2023-10-07T07:59:41","date_gmt":"2023-10-07T02:29:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=169866"},"modified":"2023-10-07T07:59:41","modified_gmt":"2023-10-07T02:29:41","slug":"taiwan-dollar-to-strengthen-in-medium-term-on-the-rebound-of-ai-investment-mufg-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/taiwan-dollar-to-strengthen-in-medium-term-on-the-rebound-of-ai-investment-mufg-crypto-news\/","title":{"rendered":"Taiwan Dollar to strengthen in medium term on the rebound of AI investment \u2013 MUFG &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The Taiwan Dollar extended losses to the lowest against the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a> since November 2022. Economists at MUFG Bank analyze USD\/TWD <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/TWD to range-bound<\/h2>\n<blockquote>\n<p>While overall external demand remains weak and USD remains strong, the marginal recovery of semiconductor sector and potential upside on CNY likely lend some support for the currency.\u00a0<\/p>\n<p>Net, we expect USD\/TWD to range-bound but with a upside bias for TWD against the Dollar in near term, before TWD\u2019s strengthening in medium term on the rebound of AI investment.<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD\/TWD \u2013 <strong>Q4 2023<\/strong> 32.00 <strong>Q1 2024<\/strong> 31.80 <strong>Q2 2024<\/strong> 31.40 <strong>Q3 2024<\/strong> 31.00<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Taiwan Dollar extended losses to the lowest against the US Dollar since November 2022. Economists at MUFG Bank analyze USD\/TWD outlook. USD\/TWD to range-bound While overall external demand remains weak and USD remains strong, the marginal recovery of semiconductor sector and potential upside on CNY likely lend some support for the currency.\u00a0 Net, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":73629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,276,255,250,252,247,253,249,657,449,256,254],"class_list":["post-169866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-taiwan","tag-usdcny","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=169866"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169866\/revisions"}],"predecessor-version":[{"id":169867,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169866\/revisions\/169867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/73629"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=169866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=169866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=169866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}