	Symbol	Bid	Ask
	EURUSD	1.3399	1.3402
	GBPUSD	1.5654	1.5657
	USDJPY	95.11	95.14
	USDCHF	0.9192	0.9195
	USDCAD	1.0212	1.0215
	EURJPY	127.44	127.47
	EURCHF	1.2318	1.2321
	GBPJPY	148.83	148.9
	GBPCHF	1.4389	1.4396
	GOLD	1369.17	1369.77
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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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Jun 19 at 7:01 UTC