News / Taiwan / cnyes
TWD Closes Higher at 31.818 Amid Range-Bound Trading
Finance · Major Banks · cnyes · 2026-08-26
The New Taiwan Dollar saw moderate gains, closing at 31.818 against the USD as trading volume remained thin in a range-bound market session.
What Happened
Market Performance: The New Taiwan Dollar experienced intraday volatility, fluctuating between 31.809 and 31.877 before settling at 31.818, up 5 cents. Trading volume at the Taipei Foreign Exchange remained subdued, reflecting a cautious sentiment among market participants.
Asian Currency Trends: Among regional currencies, the Japanese Yen led with a 0.2% gain, while the TWD appreciated by 0.16%. Conversely, the Korean Won and Thai Baht saw minor declines, while the Chinese Yuan and Singapore Dollar remained relatively flat against a slightly stronger US Dollar index.
Key Drivers: Market sentiment was influenced by a sharp drop in oil prices following discussions between Iran and Oman regarding energy transport through the Strait of Hormuz. Additionally, the decline in US Treasury yields has kept investors focused on upcoming commentary from the Federal Reserve.
Outlook: The currency market is currently in a consolidation phase with limited volatility. Investors are awaiting further clarity on global central bank policies and geopolitical developments to determine the next direction for the TWD.
Read original
More in Finance
Finance · cnyes · 2026-08-26
Recent tax data reveals a record low in short-term property flipping in Taiwan, suggesting government cooling measures are successfully curbing speculative activity.
9940
Finance · globe_inside_market · 2026-08-26
Investors remain cautious as they look toward Nvidia's upcoming earnings report and critical U.S. economic indicators, including GDP and PCE inflation data.
TXCX, DOWI, INX, NASX, CADUSD
Finance · globe_inside_market · 2026-08-26
The Internet Wealth Builder Growth Portfolio rebalances its holdings, selling Fairfax Financial to invest in Quanta Services following a period of mixed returns.
ATD, ITA, CCO, FFH, NVDA, COST, XGD, CLS, PWR, TXCX
Latest in Taiwan
Electronic Technology · economic_daily · 2026-08-26
Taiwan's stock market rebounded sharply, reclaiming the 10-day moving average as investors flocked to AI-related stocks and ETFs ahead of NVIDIA's earnings.
00403, 00406, 00631, 00632, 00685, 00981, 2330, 2408, 2454, 2609, 3037, 3081, 3189, 6213, 8046
Electronic Technology · cnyes · 2026-08-26
ASRock's IPC subsidiary ASRock Rack has received approval for its IPO, planning to issue 6.11 million shares at a minimum of $130 NTD per share.
2315, 7710
Electronic Technology · cnyes · 2026-08-26
Garmin has unveiled its new fenix 9 and fenix 9 Pro GPS smartwatches, featuring enhanced hardware and software to meet the demand for multi-sport tracking.
Electronic Technology · economic_daily · 2026-08-26
MSS Technology reports robust August revenue growth driven by AI and silicon photonics demand, with plans to ship its proprietary testing equipment by year-end.
6830