Latest news with #TaiwaneseDollar
Bloomberg
3 days ago
- Business
- Bloomberg
Taiwan Dollar Option Trade Slump Lifts Insurers' Hedging Costs
Gyrations in the Taiwanese dollar have dented appetite for trading its derivatives in offshore markets, making it costlier for the island's insurers to hedge their massive dollar assets. Weekly derivatives transactions involving the currency slumped to the lowest since at least 2021 for this time of the year, according to one measure using data from DTCC Data Repository Singapore.
Bloomberg
27-05-2025
- Business
- Bloomberg
Taiwan's Dollar Inches Close to May Peak as Greenback Retreats
The Taiwanese dollar is edging close to a peak set earlier this month, when it notched the biggest single day gain since the 1980s. The currency advanced past 30 per dollar this week and is less than 1% shy of reaching this month's strongest level. The latest bout of the currency's appreciation has been gradual, mostly driven by greenback weakness spurred by uncertainty over trade deals and US fiscal concern.
CNA
09-05-2025
- Business
- CNA
Asian currencies rise as investors shift focus away from US: Market strategist
Garett Lim, Head of Partnerships at Hubbis, discusses the recent sharp appreciation in Asian currencies, particularly the Taiwanese dollar, driven by shifting sentiment around US dollar holdings ahead of potential US-China trade talks.
