USD Weakness Ahead of Major Central Bank Decisions

The value of the US dollar (USD) is showing signs of decline as investors await crucial decisions by the Federal Reserve (Fed) and the Bank of England (BoE). Recent shifts in currency values are influencing global asset markets, particularly cryptocurrencies. While the USD has been weakening, the New Taiwan Dollar (TWD) has gained strength, likely due to continued demand for Taiwan’s semiconductor exports. This dynamic underscores the importance of understanding market movements before decisions by major central banks such as the Fed and BoE, which will significantly impact global economies.