Articles

  • 1 week ago | bloomberg.com | Argin Chang |Cindy Wang |Betty Hou

    (Bloomberg) -- Taiwanese insurers are facing difficult questions about the damage of recent swings in the local currency. Regulators may have a partial solution: letting firms change how they calculate the value of foreign currency assets.

  • 2 weeks ago | bloomberg.com | Argin Chang |Cindy Wang

    (Bloomberg) -- Taiwan’s central bank said it strategically let the local dollar rally earlier this month to let market expectations for gains play out, a move that allowed the currency to post its sharpest appreciation since the 1980s. “It’s a tactic, we can cool down the market expectations by doing this,” Deputy Central Bank Governor Yen Tsung-ta said in response to questions from lawmakers about whether the Taiwan dollar’s rise was normal.

  • 1 month ago | news.bloomberglaw.com | Betty Hou |Iris Ouyang |Argin Chang

    The Taiwan dollar surged the most in nearly four decades as a combo of upbeat growth data, bets on easing trade tensions and strong US tech earnings turbocharged currency gains. It closed about 3% higher against the greenback at 31.06 on Friday, marking the currency’s largest one-day advance since 1988. The island’s benchmark stock index also climbed 2.7% to outperform the region’s equity gauges.

  • 1 month ago | bloomberg.com | Betty Hou |Iris Ouyang |Argin Chang

    New Taiwan Dollar banknotes Photographer: Ashley Pon/Bloomberg (Bloomberg) -- The Taiwan dollar surged the most in nearly four decades as a combo of upbeat growth data, bets on easing trade tensions and strong US tech earnings turbocharged currency gains. It closed about 3% higher against the greenback at 31.06 on Friday, marking the currency’s largest one-day advance since 1988. The island’s benchmark stock index also climbed 2.7% to outperform the region’s equity gauges.

  • Nov 6, 2024 | hk.news.yahoo.com | Argin Chang

    【彭博】-- 川普在美國大選開票一路領先並在周三亞洲午後自行宣佈當選,激勵美元暴漲,台幣尾隨其他非美貨幣而走挫,不過跌幅相對較小,台股則連三天收高。分析師預期,相對其他市場,台灣金融市場或將延續表現較佳的波動模式。 據台北外匯行情,台幣兌美元收貶0.64%,報32.175元台幣,創2023年12月以來最大單日跌幅。據彭博全球貨幣排行,在16個主要貨幣裡台幣表現居前,優於日圓、英鎊、墨西哥披索等貨幣的挫勢;而彭博美元指數則是大漲逾1.4%。 據兩位交易員,台幣跟隨非美貨幣走貶,而且午後外資與投信的美元買盤顯著增加,帶動台幣擴大跌幅。也因此午後特別是接近收盤前,有見公股銀行進場提供美元流動性,有別於早盤大致是市場自由波動。 儘管在川普上次任內,台股創下全球表現第一且台幣強升約11%的前例,然而此次川普高喊欲全面拉高進口關稅,批評台積電搶走美國就業,且美、中、台地緣政治關係更趨緊張,保護主義氛圍令台灣經濟與金融市場面臨新的挑戰。...

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