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The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.
Written on July 19, 2024 at 9:33 am, by anakin
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Categories: Today's Analysis
Tags: Dollar, Indices, Rupiah, Stocks, Won
The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.
Written on July 15, 2024 at 7:15 am, by anakin
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Categories: Today's Analysis
Tags: Baht, Dollar, Forex, Peso, Rupiah
The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.
Written on July 5, 2024 at 5:48 am, by anakin
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Categories: Today's Analysis
Tags: Dollar, Forex, Rupiah
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