The Australian dollar has depreciated significantly in recent years, mainly influenced by a strong US dollar globally and commodity price fluctuations. The exchange rate trend in 2025 will be affected by three major factors: central bank policies, Federal Reserve interest rates, and China's economic recovery. For short-term trading, it is recommended to focus on key resistance and support levels, adjust trading strategies flexibly, and prepare for market volatility where risks and opportunities coexist.

Market volatility arises from diverging monetary policies between the US and Japan, with the BOJ signaling rate hikes. The Nasdaq 100 holds above 25,200, indicating potential for recovery if that support remains. Investors are advised to capitalize on dips, but risks loom if key levels are breached.

The Australian dollar has performed weakly over the past decade, depreciating by more than 35%. The main reasons include the Federal Reserve's aggressive policies and China's sluggish economic recovery. Future trends are influenced by multiple factors, such as Australia's interest rate policies, commodity prices, and the US dollar's movement, with market opinions varying. Based on various perspectives, it is expected that the Australian dollar will remain in a range of 0.68-0.70 with fluctuations until 2026, and attention should be paid to medium- and long-term supply and demand changes.

What You Must Know Before Exchanging JPY: The Most Reliable Documents to Bring
Many people are turned away at the bank when exchanging JPY, mainly due to insufficient document preparation. The question of what to bring to the bank for currency exchange may seem simple, but it directly affects your exchange efficiency.
Essential Documents for Personal In-Branch Transactions:
- ID card + Passport (for locals)
- Passport + Residence Permit (for foreigners)
- Transaction Notification Letter (if booked online in advance)
- Large Amount Currency Exchange Declaration Form (over NT$100,000 requires source of funds)
Additional Notes for Special Cases:
- Under 20 years old: must be accompanied by a parent + consent form
- Company Currency Exchange: Business Registration Certificate
- Online Currency Exchange and Withdrawal: be sure to bring the transaction notification letter
Having all necessary documents prepared is not just a formality but also helps avoid unnecessary trips. Especially for airport exchanges before traveling abroad, where time is tight, having an extra checklist can save a lot of trouble.
Why exchange JPY? Investment

The Taiwan dollar to Japanese yen exchange rate has reached 4.85, hitting a new annual high. Compared to 4.46 at the beginning of the year, the yen has appreciated by 8.7%, which is both a warning and an opportunity for investors holding Taiwanese dollars.
Still debating whether to exchange for yen? This article summarizes the latest 4 ways to allocate yen in Taiwan to help you find the most cost-effective solution. Whether you're planning to travel abroad next year or want to allocate assets while the Taiwan dollar is under pressure, you can quickly get started.
Why allocate yen now?
1. Hedging properties are just right
The yen is one of the three major safe-haven currencies in the world (the other two are the US dollar and the Swiss franc). When global markets are turbulent, funds often flow into the yen for safety. Take the Russia-Ukraine conflict in 2022 as an example: the yen appreciated by 8% in one week, while the stock market fell by 10% during the same period, forming an excellent hedging effect.
For Taiwanese investors, allocating yen is not only for international travel expenses but also a tool to hedge against fluctuations in the Taiwan stock market.

Recently, various regions have been releasing CPI index data one after another. This seemingly cold economic indicator actually touches every nerve in the investment market. The Consumer Price Index (CPI) is not just a statistical figure; it directly reflects the temperature of the economy and influences the rise and fall of the stock market, foreign exchange market, and commodities.
What exactly does the CPI index measure?
The CPI, or Consumer Price Index, is essentially a macroeconomic barometer tracking changes in the prices of goods and services purchased by households. In simple terms, it weaves the price fluctuations of daily consumables such as food, clothing, housing, and transportation into a curve used to determine whether prices are rising or falling.
The CPI index uses a base year set at 100 points as a starting point, and over time it rises or falls. When the CPI index increases, it indicates that prices are generally rising, and residents' purchasing power is being squeezed; conversely, if the CPI index decreases or turns negative, it

By December 2025, the Taiwanese dollar against the Japanese yen dropped to 4.85, hitting a new annual low. Compared to 4.46 at the beginning of the year, the yen has appreciated by over 8%. This presents opportunities for travelers abroad and forex investors—provided you choose the right currency exchange method.
Many people think exchanging yen just requires visiting a bank, but they don’t realize that even the exchange rate difference can cost you an extra 2,000 New Taiwan Dollars. We have collected the latest data from 2025 and analyzed the four most mainstream yen exchange channels in Taiwan, revealing the true costs of each method.
Why is the yen worth exchanging? It’s not just for travel
In the world of foreign currency investment, the yen, USD, and MYR each have their advantages. But why is the yen especially popular among Taiwanese?
Travel and Daily Life: Cash is King in the Japanese Market
Japan’s credit card penetration rate is only 60%, and cash transactions still dominate. From shopping in Tokyo to vacations in Okinawa, skiing in Hokkaido to dining in Osaka’s food streets, most stores only accept cash.

The U.S. Bureau of Labor Statistics will release its first major report since the government reopened on December 16, including the October non-farm payroll data and the full data for November. This report is considered one of the most influential economic indicators recently, and the market is closely watching its direction.
Market Expectations vs. Seasonal Adjustment Contradictions
The market generally expects U.S. non-farm employment to decline by 10,000 in October, but the November data is expected to rebound strongly to an increase of 130,000. However, Citigroup economists question the authenticity of this rebound, believing that this recovery mainly results from seasonal adjustment factors rather than a genuine improvement in labor demand. This view suggests that the seemingly strong rebound in the data may not truly reflect the health of the employment market.
Rate Cut Expectations vs. Federal Reserve Policy Divergence
The latest dot plot from the Federal Reserve indicates only one rate cut is planned for 2026. However, traders have limited confidence in this forecast, currently

Smart order placement is an essential skill for modern investors. It allows traders to preset specific market trigger conditions and trading parameters in advance. When the market conditions meet the preset criteria, the system will automatically execute the order or send a notification reminder. This method significantly saves monitoring time, enabling investors to effectively oversee the market and automatically execute trading strategies.
What is a trigger order?
A trigger order is one of the most commonly used tools in smart order placement. The core concept of a trigger order is: investors preset a target price for buying or selling in advance. When the market price of the asset reaches this level, the order will automatically convert into a market order, and the system will immediately execute the buy or sell operation.
This trading method is especially useful during rapid price fluctuations, allowing users to seize fleeting opportunities.
Difference between trigger orders and limit orders
It is important to note that trigger orders only convert into market orders for trading after the market price touches the preset price. Therefore, when the market

In December 2025, the exchange rate of the New Taiwan Dollar (NTD) against the Japanese Yen (JPY) has surpassed 4.85, marking a key level in nearly a year. Compared to 4.46 at the beginning of the year, the Yen has appreciated by 8.7%, reflecting not only a surge in travel but also a global reallocation of investors toward safe-haven assets. But did you know? Choosing the wrong currency exchange method can eat up over a thousand yuan just in spread and fees.
Why is the Japanese Yen so hot right now?
The appeal of the Yen has gone beyond the concept of "travel pocket money." From an economic perspective, the Yen, as one of the world's three major safe-haven currencies (alongside the US Dollar and Swiss Franc), tends to appreciate countercyclically during market turbulence. During the Russia-Ukraine conflict in 2022, the Yen appreciated by 8% in a single week, successfully offsetting a 10% decline in the stock market.
At the same time, the Bank of Japan's policy shift has become a focal point. With Governor Ueda Kazuo's recent hawkish tone, the market expects an 80% probability of an interest rate hike at the December 19 meeting.

Weak employment data sparks rate cut bets, Fed December decision becomes focus
U.S. stock markets broadly rose on Wednesday (December 3rd), driven by a rapid slowdown in the labor market. The latest ADP private sector employment report sent a warning—U.S. private sector employment unexpectedly shrank by 32,000 in November, contrasting sharply with economists' forecast of a 40,000 increase. This significant decline in a leading indicator instantly ignited market expectations for the Federal Reserve to adopt a more dovish stance at next week’s meeting.
According to data from the CME FedWatch tool, investors have pushed the probability of the Fed cutting interest rates by 25 bps at the December 10th meeting to 89%, well above mid-November levels. This shift in expectations directly boosted market sentiment.
At the close, the Dow Jones Industrial Average rose 408.44 points (0.86%) to 47,882.90; the S&P 500 index increased

In September 2024, the Federal Reserve initiated a rate-cutting cycle, a decision that will profoundly change the flow of global capital. Simply put, lowering interest rates means a decrease in the attractiveness of the US dollar, prompting funds to seek riskier assets, and the dollar faces downward pressure. However, this shift in the dollar's trend presents both risks and opportunities.
As the world's primary settlement currency, the US dollar's interest rate policy influences the entire global financial market. According to the latest dot plot forecasts, the Federal Reserve aims to reduce interest rates to around 3% by 2026. For investors, the key question is: will the dollar rise or fall in the future? How can one seize opportunities amid the changing dollar trend?
Four Core Drivers of USD Exchange Rate Fluctuations
To predict the dollar's movement, it is essential to understand the key factors influencing the exchange rate.
Interest Rate Policy as the Direct Driver of USD Trends
When interest rates are high, the attractiveness of the dollar increases, leading to substantial capital inflows; when interest rates are low, funds shift to more attractive markets.

On Wednesday in Asia, Bitcoin fluctuated around $87,600, up about 2.5% from the weekend low of $85,550, but the rally was clearly weak. On the surface, Amazon's $50 billion AI infrastructure investment pledge on Monday boosted market optimism, but this enthusiasm is rapidly fading. Nvidia's 6% drop on Tuesday directly exposed the fragility of the "AI-driven crypto" narrative.
Can the AI wave sustain Bitcoin's upward momentum?
Market expectations for 2025 are subtly shifting. Cryptocurrencies are no longer seen as traditional inflation hedges but have become "highly volatile AI proxy assets." Market maker Enflux bluntly stated: when tech stocks falter, the entire crypto market loses its most critical macro growth driver.
More importantly, capital flows have been reshuffled. Despite declining market risk sentiment, Bitcoin has not attracted safe-haven buying as expected; instead, there has been a significant shift.

As the Taiwanese dollar continues to depreciate, the Japanese yen has become a strategically significant asset allocation option. The yen offers three main investment reasons: hedging, interest rate arbitrage, and appreciation potential, and can be exchanged in various ways. It is recommended to exchange in installments and allocate to yen fixed deposits or ETFs to reduce costs and increase asset value.

Gold prices surged in 2024, setting new historical records. After a pullback from near $4,400 per ounce in October, the market remains highly active in discussion. Investors' most concerned questions boil down to three points: Why is gold continuing to rise? Is there still room for growth? Is it too late to enter now?
Central bank reserve demand drives long-term bull market in gold
Global central bank demand for gold has become a key pillar supporting gold prices. According to data from the World Gold Council (WGC), net gold purchases by central banks worldwide reached 220 tons in the first three quarters of 2025, a 28% increase from the previous quarter. In the first nine months, central banks have purchased approximately 634 tons of gold, slightly below the same period last year but still well above historical averages.
What is even more noteworthy is the long-term strategic shift among central banks. In the WGC's June 2025 survey on central bank gold reserves, 76% of responding central banks believed they would "moderately or significantly increase" their gold holdings over the next five years.

In just 48 hours, the New Taiwan Dollar (NTD) appreciated nearly 10%, revealing a market storm behind a historic breakthrough
Recently, the NTD has experienced an astonishing rally, becoming an outlier among Asian export currencies. From May 2 to May 5, in just two trading days, the USD to NTD exchange rate plummeted from 31 to 29.59, with a cumulative appreciation of nearly 10%, marking the largest single-day increase in 40 years. This intense volatility not only set multiple historical records but also triggered the third-largest trading volume in the history of the foreign exchange market.
To put this into perspective, just a month ago, the market was worried that the NTD might break through the 34 or even 35 mark. Who could have predicted such a dramatic shift in market sentiment within just 30 days? In contrast, other major Asian currencies appreciated more modestly during the same period: the Singapore dollar rose 1.41%, the Japanese yen increased 1.5%, and the Korean won surged 3.8%. The appreciation of the NTD is truly unique.

The New Taiwan Dollar appreciated nearly 10% in just two days, marking the largest single-day gain in 40 years, shocking the market. The reasons for the appreciation include changes in US tariff policies, limited room for central bank intervention, and financial institutions' hedging operations. Future appreciation potential is limited, and investors should operate cautiously based on their risk tolerance, while paying attention to central bank movements and US-Taiwan trade developments.