On December 19th, the Bank of Japan's policy meeting brought about a policy shift; however, the market reaction was unexpected. The central bank raised the benchmark interest rate by 25 basis points to 0.75%, reaching a new high since 1995, but the yen against the US dollar was pressured afterward, with limited room for appreciation.
Insufficient policy signals from the central bank, market expectations fall short
Governor Ueda's remarks at the post-meeting press conference sparked differing interpretations in the market. The central bank confirmed in its statement that it would continue to raise interest rates if economic and inflation prospects meet expectations, but provided little detail on the timing and magnitude of future hikes. Governor Ueda emphasized the difficulty in pre-determining the neutral interest rate level and left room for revisions to the estimated neutral rate range (1.0%~2.5%). This ambiguous forward guidance has introduced uncertainty into the market's perception of the central bank's future steps.
Interest rate differentials and foreign capital flows become the main factors influencing the exchange rate
ANZ Bank strategist Felix Ryan pointed out that USD/JPY

Gold Hits Record High: The Story Behind the Surge
From 2024 to 2025, international gold prices have shown an astonishing upward trend. After reaching a historic high of $4,400 per ounce in October, despite a technical pullback, market enthusiasm remains strong. According to Reuters, the gold rally in 2024-2025 approaches the highest levels in the past 30 years, even surpassing the 31% increase in 2007 and the 29% performance in 2010. What deep-seated drivers are behind this extraordinary market movement?
Gold Price Trends Analysis: Three Core Driving Factors
The Safe-Haven Demand Triggered by Tariff Turmoil
Following the implementation of Trump’s policies, a series of tariff measures directly ignited the 2025 gold market rally. The escalating US-China trade disputes and the resulting policy uncertainties significantly boosted market risk aversion. Based on historical experience (such as during the 2018 trade war), gold tends to increase during periods of policy uncertainty.

This article discusses how to respond to limit-up and limit-down situations in the stock market, proposing three operational strategies: rationally analyzing market sentiment, shifting to related linked stocks, and understanding market fluctuation mechanisms. Additionally, it introduces the basic definitions and differences of limit-up and limit-down, quick identification methods, and the fluctuation control mechanisms in different global markets. Investors should learn to analyze the underlying reasons and choose appropriate response strategies to make more rational investment decisions.

Why are traders all using Fibonacci indicators?
In the foreign exchange market, there are many technical analysis methods, but few tools are as widely used as Fibonacci indicators. This math-based indicator comes from a magical sequence—each number is the sum of the two preceding ones:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765…
At first glance, it’s just a series of ordinary numbers, but upon closer inspection, you'll find that the ratio of consecutive numbers always approaches 1.618—this is known as the golden ratio. Dividing any number by the next one yields a result close to 0.618; dividing by the number two places ahead yields approximately 0.382. It is these magical ratios

The South African Rand (ZAR) continued to depreciate in 2023, mainly due to internal economic difficulties, global financial instability, and uncertainty in Federal Reserve policies. The South African economy is facing increasing debt burdens and an energy crisis. Additionally, capital flows into safe-haven assets have intensified depreciation pressure. Despite high volatility and risks, there are diverse investment options available. Investors are advised to act cautiously and closely monitor relevant policies and market dynamics.

In financial trading, market orders and limit orders are two main types of orders. Market orders are executed immediately at the current market price, offering high certainty of execution but unpredictable prices; limit orders allow setting a specific transaction price but do not guarantee execution. Market orders are suitable for rapid trading or trending markets, while limit orders are better for patient traders during sideways or volatile markets. Choosing the appropriate order type depends on market conditions and individual trading strategies.

The Taiwanese people's emphasis on financial management has increased, leading to the emergence of many investment apps. Before choosing an investment app, one should make clear judgments based on personal needs such as trading style, fees, information requirements, and more. The article recommends three Taiwan stock investment apps suitable for different styles, and provides recommendations for fund and stock information as well as accounting tools, emphasizing the importance of choosing the right platform and reminding investors to establish their own investment logic and risk awareness.

The AUD/USD is one of the top five most traded currency pairs globally, characterized by high liquidity and low spreads, and has traditionally been viewed as a high-yield currency. However, when looking at a longer time horizon, the performance of the Australian dollar has been disappointing—showing overall weakness over the past decade, with only brief rebounds during specific periods.
From an initial level of 1.05 in early 2013 to the end of 2023, the AUD/USD has depreciated by over 35%, while the US dollar index DXY has risen by 28.35% during the same period. This is not an isolated pressure on the AUD; the euro, yen, and Canadian dollar have also faced a weakening trend against the US dollar, reflecting the dominance of a strong dollar cycle globally. Although in 2025, the AUD benefited from rising iron ore and gold prices, and risk assets rebounded due to the Federal Reserve cutting interest rates, pushing the exchange rate up to 0.6636—an overall appreciation of about 5-7%—from a longer-term perspective, such rebounds remain short-term corrections rather than a trend reversal.
Why has the Australian dollar always struggled to shake off its weakness? Three key reasons

In financial trading, the choice of order type directly affects your execution efficiency and profit potential. Many novice traders are often confused about the two basic order types: market orders and limit orders, and are unsure when to use each. This article will delve into the operational mechanisms, advantages and disadvantages, and practical application tips of these two order types.
The Fundamental Difference Between the Two Order Types
Market Order: Follow the Market Pace, Execute Immediately
The core feature of a market order is to execute buy or sell transactions immediately at the current market price. When you place a market order, the trading system will match the trade at the current bid or ask price, without requiring you to set a target price in advance.
For example, if the current bid price for EUR/USD is 1.12365 and the ask price is 1.12345, a trader wanting to buy will execute at 1.12365, and a trader wanting to sell will execute at 1.12345. However, it is important to note that due to the rapid fluctuations of the market,

Trump announces Wash to succeed Powell as Federal Reserve Chair, the market reacts positively, but concerns about the independence of the Federal Reserve intensify. As bond yields rise, global stock markets decline, with Tech Stocks under pressure. Broadcom's earnings surpass expectations, Oracle faces a confidence crisis. Goldman Sachs remains optimistic about future US stocks, and there are signs of easing geopolitical tensions.

Fractional share trading is gradually becoming a choice for novice investors due to its low barrier and flexibility. However, most people lack understanding of how it works, the best timing to sell, and the fee structure. The article introduces the definition of fractional shares, trading hours, fee calculation, and trading tips, and reminds investors to approach it with ease, adopt cautious strategies, and achieve wealth growth.

The exchange rate of TWD to JPY reached 4.85 on December 10, 2025, sparking many to try their luck. But before exchanging, ask yourself: which route should I choose to avoid unnecessary expenses? This article breaks down the costs, time, and convenience of four major foreign currency exchange channels, helping you make the smartest decision.
Why is the Japanese Yen favored? Multiple values beyond just entertainment
Daily Application Scenarios
Traveling to Tokyo, Osaka for shopping, skiing in Hokkaido, or vacationing in Okinawa—cash remains the primary payment method (local credit card usage is only about 60%). Additionally, purchasing Japanese cosmetics, clothing, anime merchandise, and planning to study or work holiday in Japan all require提前備妥日圓.
Financial Market Perspective
The Japanese Yen ranks among the world's three major safe-haven currencies (alongside the US dollar and Swiss franc), benefiting long-term from Japan's stable economy and low debt levels. During market turbulence, funds flow into the Yen as a safe haven—2022

The Core Concept of Day Trading
Day trading, also known as same-day buy and sell transactions, is a trading method where buying and selling are completed within the same day. It is commonly referred to as T+0 trading or Day Trading in the market. This trading mode breaks the limitations of the traditional T+2 settlement system, allowing traders to settle their positions within the same trading day and avoid overnight holding risks.
The essence of day trading is simple—profit from price fluctuations. A trader might buy a stock at 9:15 AM and sell it at 2:30 PM for a profit. This "buy first, sell later" or "sell first, buy later" operation method is the core meaning of day trading.
In practice, day trading can be applied to stocks, futures, ETFs, commodities, and even cryptocurrencies. Among these, stocks are the most popular due to high liquidity and frequent volatility opportunities, especially Tech Stocks and small-cap stocks, which offer abundant trading opportunities.
Current Situation of the Taiwan Day Trading Market
Taiwan Stock

Is it really worth exchanging to Japanese Yen now?
The TWD to JPY exchange rate has already broken through the 4.85 level (as of December 10, 2025), appreciating nearly 9% from 4.46 at the beginning of the year. The trend of traveling abroad to Japan is reigniting, and investors are starting to pay attention to the yen's hedging value, with many eager to try. But the key question is: is now the right time to enter, or are we hitting a high point?
The answer is "gradually enter, rather than going all in at once." The yen is currently in a fluctuation zone. The US interest rate cut cycle has begun, and the Bank of Japan is expected to raise interest rates to 0.75% in December (a 30-year high). This upward trend will support the yen's medium-term movement. However, in the short term, there are still risks of closing arbitrage positions, so investors are advised to exchange currency in batches and gradually position themselves when the TWD/JPY rate reaches a reasonable level.
Why is the yen worth paying attention to?
The yen is not just pocket money for travel; there are two main supporting points:
Travel and daily life needs
Japan's cash economy remains mainstream, credit cards

In the stock market, technical analysis is like reading a person's face—patterns reveal the details. Among them, the classic Head and Shoulders Top and Head and Shoulders Bottom patterns can help investors seize key entry and exit points.
But to truly master these two patterns, you first need to understand a core concept: what is the neckline? Simply put, the neckline is the line connecting the lows of each wave, and it plays different roles at different stages—sometimes as support, sometimes as resistance.
Head and Shoulders Top: Recognizing the "not surpassing previous high" warning signal
What does the Head and Shoulders Top represent? It indicates that the stock price has formed three relatively high points (left shoulder, head, right shoulder), but the height of the right shoulder cannot surpass the head, forming a gradually weakening trend.
Understanding the formation of the Head and Shoulders Top from a trading psychology perspective
Left shoulder stage: The stock price rises in the first wave, some investors take profits, while others remain optimistic about the future, leading to a battle between buyers and sellers. The stock price temporarily pulls back, and this low point is the neckline—

As of December 10, 2025, the Taiwan dollar to Japanese yen exchange rate has surpassed the 4.85 mark. For those planning to travel abroad or allocate hedging assets, this moment is worth serious consideration.
Many people think that exchanging yen at the bank counter is just a simple transaction, but they don't realize that the exchange rate spread can eat into hundreds of dollars. We tested the four most commonly used yen exchange channels in Taiwan to help you find the most cost-effective method.
Is now a good time to exchange yen? Check the exchange rate trend at a glance
Why is the yen worth paying attention to? Besides travel purposes, it is also one of the world's three major safe-haven currencies (alongside the US dollar and Swiss franc).
Impressive annual appreciation: from 4.46 at the beginning of 2025 to 4.85 now, a cumulative appreciation of 8.7%. Compared to the continuous depreciation of the Taiwan dollar, the yen is clearly more resilient. Market observations indicate that Taiwan's foreign exchange demand increased by 25% in the second half of the year, driven by the recovery in tourism and hedging needs.

Understanding Taiwan's Weighted Index is key to grasping market trends. The Weighted Index reflects the overall performance of the listed stock market, with larger market capitalization companies having a greater impact on the index. While it allows for quick insight into market conditions, attention should be paid to limitations such as the marginalization of small and medium-sized enterprises and industry concentration. Investing in the Weighted Index requires combining technical analysis and fundamentals to make more rational decisions.

The Taiwan dollar to Japanese yen exchange rate has recently reached 4.85, with the tourism boom in Japan and investment demand rising simultaneously. But do you know? The cost difference when exchanging for yen can be as high as thousands of yuan, and the key lies in choosing the right exchange method. This article will analyze the four most common currency exchange channels in Taiwan and how to smartly allocate yen assets amid fluctuations in the global foreign currency market.
Why Exchange for Yen? It's Not Just About Travel
When it comes to exchanging foreign currency, many Taiwanese people's first reaction is Japanese yen. This is not solely due to the popularity of travel to Japan; in fact, the yen plays an important role in daily consumption and financial investment.
On a practical level, whether it's shopping in Tokyo, skiing in Hokkaido, or vacationing in Okinawa, most merchants still primarily use cash transactions (credit card penetration is only 60%). Additionally, demand from Japan purchasing agents, studying abroad, and part-time work also drives continuous currency exchange needs.
From an investment perspective, the yen is among the world's three major safe-haven currencies (along with

As a precious metal investment product, platinum has long been less well-known than gold, but its investment potential is equally worth attention. Compared to gold's purely financial attributes, platinum combines industrial applications and jewelry value, resulting in different price trend characteristics. Entering 2024, the Federal Reserve's monetary policy faces new adjustment directions. How will this affect platinum prices? This article will analyze in depth from multiple dimensions including macroeconomics, industrial demand, and comparison with gold.
Impact of Federal Reserve Policy Shift on Platinum
Since the beginning of 2024, the pace of U.S. inflation decline has significantly slowed, and market expectations for Fed rate cuts have also adjusted accordingly. The expected rate cuts have been reduced from 7 times in Q4 last year to a conservative estimate of 3-4 times currently, with the earliest rate cut postponed from March to June. This change in policy expectations has put some pressure on pt950 platinum prices.
Maintaining high interest rates will suppress investors' demand for precious metals because

After-hours trading is it really an "early battlefield layout" or a "harvest machine for chives"? Many traders are confused by the fluctuating numbers on electronic trading platforms, unsure of when to enter, how to interpret quotes, and where the risks lie. Instead of blindly following the trend, it's better to understand the underlying logic of electronic trading.
What exactly is electronic trading? Why are traders crazy about it?
Electronic trading (also called after-hours trading or night trading) is essentially a product that breaks through traditional trading time restrictions. Regular US stock trading occurs from 9:30 AM to 4:00 PM Eastern Time, but electronic trading allows global investors to continue trading after this window closes.
Who benefits the most? Well-informed large investors and institutional investors. During after-hours, they can position themselves based on the latest news, preparing for the next day's market movements. US stock electronic trading covers stocks listed on NASDAQ and the New York Stock Exchange, as well as some ETFs; and futures electronic trading is even more intense—crude oil, gold