What to Watch as Taiwan Dollar Intervention Meets Inflation Risk
Taiwan dollar intervention by the CBC is cushioning TWD losses as inflation stays above target and reserves fall. Here's what traders should watch.
Markets
Cross-asset moves, session drivers and market reaction.
Session movers
| Instrument | Price | Change | % |
|---|---|---|---|
| AUD/USD | 0.6871 | −0.0129 | −1.84%down |
| USD/CAD | 1.4066 | +0.0100 | +0.72%up |
| GBP/USD | 1.3385 | −0.0074 | −0.55%down |
| EUR/USD | 1.1165 | −0.0059 | −0.53%down |
| USD/CHF | 0.8189 | +0.0010 | +0.12%up |
| USD/JPY | 158.33 | −0.13 | −0.08%down |
| Instrument | Price | Change | % |
|---|---|---|---|
| Natural Gas | 3.003 | +0.056 | +1.90%up |
| Gold | 4,079.50 | −34.00 | −0.83%down |
| Brent | 97.76 | −0.53 | −0.54%down |
| Silver | 51.97 | −0.26 | −0.50%down |
| WTI Crude | 90.34 | −0.18 | −0.20%down |
| Copper | 6.260 | +0.011 | +0.18%up |
| Bank | Rate | As of |
|---|---|---|
| Federal ReserveUS | 3.75–4.00%+0.25 | |
| ECBEuro area | 2.50%+0.25 | |
| Bank of EnglandUK | 3.75%−0.25 | |
| Bank of JapanJapan | 1.25%+0.25 | |
| Swiss National BankSwitzerland | 0.00%−0.25 |
Source: Bank for International Settlements, daily central bank policy rate series. The figure beside each rate is its last change.
Currencies: ECB reference rates, updated each business day; dollar index calculated from them. Commodities and yields: front-month futures, delayed about 15 minutes. Not for trading.
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