The recent decline of the U.S. dollar has drawn comparisons to the 1990s Asian currency crisis, raising concerns about potential impacts on stock markets. The USD/TWD exchange rate has been significantly affected by Taiwan’s tumultuous trade environment. This situation ties together Taiwan’s dollar, U.S. tariffs, and advancements in artificial intelligence. The Taiwanese dollar has reached three-year highs as Asian currencies rally amid the weakening greenback. This record rally is seen as a tremor in the ongoing trade war. These developments highlight the interconnectedness of global economic factors and their influence on currency values and stock performance.
— new from Barron’s