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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.  

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


See also: Current support and resistance levels
EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
May 26 at 9:00 UTC