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New Taiwan dollar Markets

TWD Currency Update - Our review of New Taiwan dollar forecasts and news plus charts and historic rates. Check TWD Trends over various time periods.

 

The Taiwanese Dollar (TWD) has shown some significant movement recently, particularly against the US Dollar, Euro, British Pound, and Japanese Yen, amidst evolving geopolitical tensions and economic challenges. The TWD has reached 90-day highs against the USD, trading at approximately 0.034361, which is 6.0% above its three-month average of 0.032404. This surge follows a volatile period where the TWD fluctuated within a 14.3% range.

against the Euro, the TWD stands at 0.029317, 2.5% higher than its three-month average of 0.02861, exhibiting a similarly volatile behavior with a 13.2% trading range. The TWD also performed well against the British pound, at 0.025042, which is 3.1% above its three-month average of 0.024288. The trading range here has been 12.4%. Furthermore, the TWD has reached new highs against the Japanese yen at 4.9704, which is 6.0% above its three-month average of 4.689, once again reflecting a volatile market with a trading range of 14.5%.

However, analysts caution that the ongoing geopolitical tensions, particularly the threat of a Chinese invasion and the imposition of a 32% reciprocal tariff rate on Taiwanese goods by the US, could have detrimental effects on the Taiwan Dollar. As Taiwan is home to a significant technology sector, any global tech slowdown could further deteriorate TWD’s value. Market experts suggest that while the TWD has shown resilience recently, these external pressures warrant close monitoring as they pose risks to future stability and growth.

 

US dollar to New Taiwan dollar - USD/TWD Trend

 
USD to TWD is at 90-day lows near 29.10, 5.6% below its 3-month average of 30.83, having traded in a rather volatile 14.3% range from 29.10 to 33.27
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