CAD to TWD Forecast & Outlook
08 Aug 2026 • 00:55 GMT
Forecast snapshot
Quick CAD/TWD forecast
Near-term bias🔴 Mild downside
Expected range22.7250 – 23.1300
Dominant driver🌍 Global risk sentiment
3-month trend🔴 Downtrend
Currently, CAD/TWD is trading near 90-day highs around 23.13, supported by risk-off sentiment and the stable range from recent months. Over the next few sessions, the pair may remain supported but could face pressure if risk appetite improves or global risk conditions shift. Near-term, conditions suggest the pair may find it difficult to break higher and could soften.
💸 Transfer implications
- Expats: sending money to Taiwan may find it less favourable than recent levels if CAD weakens.
- Travellers: exchanging currency might see fewer TWD for their CAD if the pair declines.
- Businesses: paying TWD invoices could find payments slightly less advantageous if the pair drops.
🧭 Key drivers
- Rate gap: The CAD-TWD yield and policy gap remains relatively stable but offers limited support for a stronger CAD.
- Risk/commodities: Market risk-off conditions and oil prices linked to CAD influence the pair, putting pressure on the Canadian dollar.
- Global factors: Risk sentiment dominates, with high US dollar exposure and safe-haven flows continuing to support the TWD.
⚠️ What could change it
- Upside risk: A sudden easing in risk aversion or a rebound in oil prices could help the pair rise.
- Downside risk: A deepening risk-off sentiment or a global economic slowdown could push CAD weaker against TWD.
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