OnchainSniper

Weak economic data but a strong currency—this contradiction is reshaping global investors' perceptions of China.
This week, USD/CNH approached the psychological level of 7.00. What seems like a routine currency fluctuation actually reflects a deep policy contest. Despite poor performance in China's manufacturing and retail data in November, the offshore RMB remained unusually resilient, even reaching a 14-month high. Behind this contrast is a rare shift by Beijing authorities.
Central bank pricing hints: appreciation is not an accident, but a choice
Over the past three years, the People's Bank of China (PBOC) has typically set the USD/CNY midpoint below the model-estimated value to maintain exchange rate stability. However, this recent practice has been broken. The central bank has started fixing the midpoint above the model estimate. This seemingly technical adjustment actually sends a strong signal to the market—Beijing is no longer passively responding to RMB pressure but actively promoting appreciation.
OCBC Bank report will

Non-Farm Payroll (NFP) is a crucial economic indicator that affects global financial markets by reflecting the health of the U.S. job market. Traders closely monitor NFP releases for potential opportunities and risks in forex, stock, and commodity markets. Understanding NFP's impact is essential for strategic trading and risk management.

Is it really time to switch to the Japanese Yen? Four major signals tell you
As of December 2025, the Taiwan dollar to Japanese Yen exchange rate has reached 4.85, appreciating over 8% from 4.46 at the beginning of the year. But "appreciation" doesn't mean "the best time to buy now"—many people end up paying more for a bubble tea because they don't understand the true costs of exchange rate spreads and fees.
Three reasons support allocating to the Yen at this stage:
Hedge demand is rising. The Yen, along with the US dollar and Swiss franc, ranks among the top three global safe-haven currencies. When markets are turbulent, funds flow heavily into the Yen—during the Russia-Ukraine conflict in 2022, the Yen appreciated 8% in a single week, while the stock market fell 10%. For Taiwanese investors, holding Yen is like insuring their investment portfolio.
The Bank of Japan is on the verge of raising interest rates. Recent hawkish comments from BOJ Governor Ueda Kazuo have pushed market expectations for rate hikes to 80%. It is expected that the December 19 meeting will raise rates by 0.25 basis points to 0.75% (the highest in 30

The leverage ratio in the foreign exchange market allows small capital traders to participate in large transactions by borrowing funds to amplify their positions. Leverage can magnify gains but also increases risks, so it should be used cautiously. When developing a trading plan, choosing the appropriate leverage, monitoring account status, and establishing risk management strategies are key to success.

The exchange rate from TWD to JPY has reached 4.85, up from 4.46 at the beginning of the year, an appreciation of 8.7%. If you're considering traveling to Japan or making small JPY investments, now is a great time—provided you use the right exchange method. One option might cost an extra 1,500 NT$, while another could save you 800 NT$, and the difference lies in these 4 methods.
Calculate first, decide later: the exchange cost difference for 50,000 NT$
Many people think all bank exchanges for JPY are the same, but in fact, the exchange rate difference can eat into your afternoon tea budget. Using 50,000 NT$ as an example:
- In-person cash exchange: the most expensive, losing 1,500-2,000 NT$ (1-2% exchange rate difference + handling fee)
- Online currency exchange: the most cost-effective, losing 300-800 NT$ (0.5% exchange rate advantage, often no handling fee)
- Online currency conversion: moderate, losing 500-1,000 NT$ (additional withdrawal fee required)
- Foreign currency ATM: a middle ground, losing 8

Exchange rates plummet, the US dollar cannot hold its ground
The US dollar index quickly retreated from high levels to the 100.16 mark, and this change was no coincidence. Recent signals of moderation from Federal Reserve officials have rapidly increased market bets on a rate cut in December, causing the dollar's attractiveness to decline. This is the core reason behind the recent cracks in the dominance of the US dollar and also creates a rare breathing space for emerging market currencies.
Asian currencies benefit across the board, with major Asian currencies such as the yen, won, and New Taiwan dollar all rising. Among them, the New Taiwan dollar performed particularly well, reaching a high of 31.405 in early trading, demonstrating clear upward momentum.
Taiwan stock market rally linked to currency movements; foreign investor activity becomes key
Behind the New Taiwan dollar's appreciation is the prosperity of the Taiwan stock market. Leading electronic blue-chip stocks surged, with the Taiwan stock index closing significantly higher, attracting accelerated foreign capital inflows. Also contributing are the end-of-month exporter's currency selling demands, creating a rare synergy between the stock and currency markets.

A single order instantly rewrites the global copper market landscape.
In the early morning of July 31st Taiwan time, the White House suddenly announced a new tariff arrangement, imposing a 50% duty on copper semi-finished products starting August 1st, while fully exempting refined copper and cathode copper. This rapid policy shift directly triggered intense market volatility. New York copper futures plummeted, with a single-day decline approaching 22%, marking the largest single-day drop in history. The premium that had surged to high levels just weeks ago evaporated within hours, catching Wall Street traders off guard with this dramatic change.
From euphoria to collapse, the power of policy reversal
As early as earlier this month, when Trump hinted at implementing a "comprehensive copper tariff," global traders began frantic stockpiling, shipping large quantities of copper to the U.S. market. This rush drove the premium of New York copper over the London Metal Exchange benchmark price to over $3,000 per ton at one point, immersing the market in a frenzy of profit-taking.

2024 Taiwan Stock Market迎來歷史時刻——Server Management Chip Leader 信驊（5274）today surged to 7,315 TWD, hitting the daily limit-up, officially becoming the first stock in Taiwan Stock Market to break through the "7" digit mark and become a sky-high stock king. This is not just a numerical milestone but also a profound reflection of major shifts in market capital flow and investment logic.
Market Confidence Behind the Data
信驊 today soared by 665 TWD, a 10% increase, setting a new record high for individual stocks in Taiwan Stock Market. The driving force behind this surge comes from collective optimism among foreign investors—several foreign institutions simultaneously raised their target prices to 7,600 TWD, estimating that 2026 EPS could surpass 152.29 TWD, which is 22% higher than market consensus. Such upward revisions are not accidental but based on three core drivers: continuous improvement in gross profit margin, steady growth in cloud server demand, and the long-term demand wave driven by AI computing.
The company's financial forecast also signals positivity—first-quarter revenue is expected to be between 26 and 27 billion TWD, with an annual increase

Stock investing seems simple—buy and hold for dividends, but true trading experts know how to leverage market fluctuations for profit. Whether stock prices go up or down, as long as you master the two tools of margin financing and securities lending, you can find opportunities to make money in different market environments. But the prerequisite is that you must fully understand the risks behind these tools.
What is margin financing? Using borrowed money to amplify investment effects
In simple terms, margin financing means borrowing money from a broker to buy stocks. You contribute a portion of the funds, and the broker provides the rest; the purchased stocks themselves serve as collateral. This mechanism is similar to a mortgage—banks are willing to lend you money because the house is tangible collateral; brokers are also willing to lend you money because stocks are liquid collateral.
The core advantage of margin financing is to do more with less. Suppose you are optimistic about a certain stock but have limited funds. Through margin financing, you only need to pay a part of the funds to fully participate in the stock's rise and fall. For example, if you have 40 yuan but

Why should you pay attention to the yen exchange rate now?
As of December 10, 2025, the Taiwanese dollar against the Japanese yen has rebounded to 4.85, compared to 4.46 at the beginning of the year, an appreciation of approximately 8.7%. This exchange rate change is highly significant for Taiwanese people—not only for saving money when traveling abroad but also for asset hedging and investment returns.
Why is the yen worth holding? Simply put, the yen is one of the three major safe-haven currencies globally (the other two are the US dollar and the Swiss franc). Japan's economy is stable with low debt, and when market turbulence occurs, capital flows into the yen for safety. During the Russia-Ukraine conflict in 2022, the yen appreciated by 8% in a single week, effectively buffering a 10% decline in the stock market. For Taiwanese stock investors, holding some yen is like buying insurance.
Additionally, the Bank of Japan is considering raising interest rates. Governor Ueda Kazuo's recent hawkish comments have increased market expectations to 80%, with a forecast that the December 19 meeting will raise rates by 0.25 basis points to 0.75% (creating

In the global financial markets, the US stock market leads in terms of maturity and liquidity. With daily trading volumes exceeding 10 billion shares, over 8,000 tradable products, and transparent institutional design, investing in US stocks has become an increasingly popular choice for many investors. However, for beginners, the complexity of the US stock market should not be underestimated. This article will approach from a practical perspective to help you quickly understand the core logic of US stock investment.
Why choose US stocks over other markets?
Low barrier to entry for trading
This is the most intuitive advantage of US stocks. Unlike Hong Kong stocks with a minimum of 100 shares, A-shares with a 100-share regulation, or Taiwan stocks requiring 1,000 shares, the minimum entry for US stocks is just 1 share. Taking Tesla as an example, with a single share priced at about $260, achieving a similar investment scale in other markets would require several times that amount.
For investors with limited funds, this difference determines whether they can truly participate in the market. You don't have to be hindered by insufficient account funds because

Leverage trading is most feared for watching your account funds evaporate in an instant. This forced liquidation, losing everything, or even owing a huge debt, is what we call "liquidation." How exactly does liquidation happen? Why are high leverage trades especially prone to triggering it? And how can risk management tools be used to emergency brake? This article explains everything thoroughly, teaching you how to protect your hard-earned money!
What is liquidation? Why do you hit this mine?
Simply put, liquidation means you guessed the wrong direction, suffered losses so severe that you can't even cover the margin, and are forcibly liquidated by the broker. When your principal (net worth) falls below the minimum margin requirement set by the broker, the system will automatically close all your positions and settle, leaving no chance to turn things around.
Why does liquidation happen? There are mainly two reasons:
- Wrong judgment of trading direction, going against market trend
- Losses are too large, depleting your margin entirely (equity)

Bitcoin and Ethereum confirm death crosses, intensifying market concerns about a crypto winter. Bitcoin price hovers around $93,450, facing structural pressure, and declining open interest indicates liquidity issues. The Federal Reserve's rate cut expectations have been priced in, and market sentiment is increasingly fearful. Overall technical indicators show a downward trend, and future developments will depend on policy guidance and the potential acceleration of trend changes due to global capital reallocation.

What are the different types of cryptocurrencies? Why do investors need to distinguish between sectors?
As the blockchain ecosystem gradually matures, the variety of cryptocurrencies has far exceeded initial expectations. There are thousands of cryptocurrencies in circulation, but not all of them are worth paying attention to. Understanding the classification system of cryptocurrencies is crucial for investment decisions—just as stock investors need to differentiate between technology stocks, financial stocks, and traditional industries, crypto investors also need to grasp the characteristics of different sectors.
Based on application areas and technical features, cryptocurrencies can be broadly divided into mainstream assets (such as BTC, ETH) and several emerging sectors, including meme coins, real asset tokenization, artificial intelligence applications, decentralized physical infrastructure, on-chain gaming, real-time communication ecosystems, public chain ecosystems, and decentralized finance.
Each sector has different cycles of rise and fall, and the driving factors vary. This is also why professional investors adjust their strategies according to market cycles.

Want to achieve asset appreciation through foreign currency investments but don't know where to start? With the current annual interest rate for TWD fixed deposits at only 1.7%, many investors are beginning to focus on the foreign exchange market. Compared to the risks of holding a single currency, diversified asset allocation can effectively hedge exchange rate risks. This article will guide you through the core logic of foreign currency investing, methods for selecting currencies, and practical strategies.
The essence of foreign currency investing: interest rate differentials and exchange rate differences
The profits from foreign currency investments come from only two sources—interest rate differentials and exchange rate differences.
Interest rate differential refers to the difference in benchmark interest rates between countries. For example, Taiwan's fixed deposit interest rate is 2%, while the US fixed deposit rate is 5%. This 3% interest rate gap is a potential profit source. Holding a high-interest-rate currency for a period will automatically accrue interest.
Exchange rate difference refers to the profit or loss generated by fluctuations in currency exchange rates. When you exchange 33 TWD for 1 USD, and later the USD appreciates to the equivalent of 35 TWD, you can profit purely through exchange rate movements. Conversely, if the currency depreciates, even if you gain

Using one cent to leverage ten times profit — this is the core appeal of high leverage investing. In financial markets, countless traders are fascinated by it because it can amplify returns in a short period. However, this double-edged sword also hides risks capable of destroying accounts. How exactly can one pursue profits while avoiding the fate of liquidation? This is a question every investor must ponder deeply.
What is leveraged trading? In-depth fundamental analysis
The essence of leveraged trading is "borrowing money to invest." Imagine you have 100,000 yuan of your own funds and borrow 900,000 yuan from a broker, making the total investment 1 million yuan. This is a typical 10x leverage. Through this method, investors can leverage a much larger market position with relatively small principal.
Leveraged trading involves two core concepts: leverage multiple and margin. While they seem related, they are fundamentally different. Leverage refers to the scale of debt undertaken, while margin is the funds that must be collateralized. In other words, the margin is the collateral required to...