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<Markets Analysis>The Fall of US Dollar should be Limited if the Banking Crisis Expands

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Affected by the earlier Fed’s stance of hawkish rate hike, the US dollar index rose close to the 106 on 8 March. However, the situation in the financial market is changing rapidly, and bank failures suddenly occurred in the United States. Two cryptocurrency-friendly banks (Silvergate Bank, Signature Bank) and a bank (SVB) whose customers are mainly technology innovation companies have had accidents successively, triggering a crisis of confidence in the industry.


Patrick Law

General Manager of Hantec Group


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Hantec Markets (Australia) PTY Limited, HMA
HANTEC FINANCE
A.

Level 18, Citigroup Centre, 2 Park Street, Sydney, NSW2000, Australia


T.

(61) 2-8017 8099



W. https://www.hantecmarkets.com

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Hantec International Great China Limited
HANTEC LIFE
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Unit 4614, 46/F, COSCO Tower, 183 Queen’s Road Central, Hong Kong


T.

(852) 2545 5065 / (852) 2214 4188


W. http://www.hantecii.com

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Hantec Securities Consultant Limited
HANTEC FINANCE
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11F., No.197, Jingmao 2nd Rd., 115 Nangang Dist., Taipei City, Taiwan


T.

(886) 2-2653 8199


W. https://www.hantec.com.tw

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