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The US Dollar Index edges slightly lower, although the daily range gets tighter. Traders are assessing the spillover risk from the Taiwan Dollar surge on Monday to other currencies in the region. The ...
Taiwan’s currency jumped 6.2% against the US dollar over two days at the start of May, an almost unprecedented move given the island’s normally stable exchange rates.
From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted by Fed moves.
Investors are watching closely central bank actions after chatter that the authorities were tolerating a stronger currency to ...
The latest scramble by Taiwanese life insurers to protect their portfolios reflects an unwinding of massive U.S. dollar ...
The dollar was last down 0.5% on the Japanese yen at 142.99, and also lost ground versus European currencies with the euro and pound both up 0.2% at $1.1341 and $1.3328 respectively ...
The most notable development in FX over the past few days has been the exceptional rally in the Taiwanese dollar, and to a lesser extent in other Asian currencies (MYR, THB, KRW). The trigger has ...
The divergence is the latest sign of seemingly insatiable demand for the Taiwan dollar driven by speculation the authorities ...
The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump's tariff policies and their impact on ...
The U.S. Dollar Index (DXY) is under pressure following a 5% appreciation in the Taiwan Dollar (TWD), driven by rising ...
China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...
The most notable development in FX over the past few days has been the exceptional rally in the Taiwanese dollar, and to a ...
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