	Symbol	Bid	Ask
	EURUSD	1.3269	1.3272
	GBPUSD	1.5454	1.5457
	USDJPY	96.66	96.69
	USDCHF	0.9283	0.9286
	USDCAD	1.0281	1.0284
	EURJPY	128.27	128.3
	EURCHF	1.232	1.2325
	GBPJPY	149.36	149.43
	GBPCHF	1.4349	1.4356
	GOLD	1346.34	1346.94
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Research: Twd Likely to Appreciate more Forcefully

Quotes from HSBC Global Research:

-We now expect TWD to appreciate more forcefully and see value in selling USD-TWD in the three-month tenor. Although the global environment still looks uncertain, we do think the CBC would be more forceful in limiting the TWD weakness.

-In addition, from an economic perspective, even if US data were to weaken, which would directly impact Taiwan's exports, the ongoing closer economic integration between the cross straits should buffer some of this impact, particularly given the strong tourism and investment inflows from mainland China.

Published: 2012-05-22 13:08:00 UTC+00

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See also: Current support and resistance levels

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Jun 20 at 3:05 UTC