The EUR to TWD exchange rate has experienced fluctuations recently, driven by economic data from both the Eurozone and Taiwan, as well as external factors like oil prices. As of the latest assessment, the exchange rate stands at 35.69 TWD for 1 EUR, which is 1.8% above its three-month average of 35.06 TWD, illustrating a period of relative stability within a 5.3% range of 34.06 to 35.87 TWD.
Recent data has revealed a slight uptick in the Eurozone unemployment rate to 6.3%, which diverged from expectations of a stable low at 6.2%. Analysts suggest this may lead to increased scrutiny of European Central Bank (ECB) policies, especially as ECB President Christine Lagarde hints at the potential end of the current rate-cutting cycle. A strong euro could emerge if economic indicators show consistent improvement and inflation risks remain manageable.
In Taiwan, the central bank has maintained interest rates at 2% as the economy continues to show resilience, expecting growth rates around 3.05% for 2025. However, concerns about U.S. tariffs impacting the economic outlook may create downward pressure on the TWD. Recent reports have indicated that fluctuations in the TWD are also linked to external trade policies and capital flows, which the central bank struggles to stabilize.
The ongoing conflict in Ukraine and external geopolitical events, including rising U.S. tariffs, have multi-faceted impacts on both currencies, potentially influencing export competitiveness from the Eurozone and Taiwan. As tariff implications and energy prices remain on the radar, the oil market is showing signs of volatility, with oil prices currently at $64.53 per barrel, notably 5.0% below the three-month average. These trends can indirectly affect the euro's strength, given its comprehensive influence on inflation and economic recovery.
Looking forward, both currencies will likely remain sensitive to ongoing economic data releases and shifts in geopolitical stability. Analysts advise monitoring central bank statements closely, as any shifts in monetary policy could significantly alter the trading landscape for the EUR/TWD exchange rate in the forthcoming period.
