OctaFX | OctaFX Forex Broker
Anmelden
Konto eröffnen
Back

Taiwan cuts key interest rate to 1.75%

FXStreet (Mumbai) - The Taiwan central bank cut interest rates from 1.875% to 1.75% on Thursday in an effort to increase effective demand.

The bank blamed foreign outflows for the depreciation in the Taiwan dollar (TWD) and expressed confidence that the rate cut will benefit prices, result in financial stability and result in economic growth. The bank also said that inflation is unlikely to be very low next year and stressed that the monetary policy in the US does not have to be set according to the Fed’s stance/moves.

USD/CAD off highs, near 1.3340

The Canadian dollar remains on the defensive camp vs. the US dollar on Thursday, now taking USD/CAD to the 1.3340 area...
Mehr darüber lesen Previous

USD/JPY points to consolidation – Commerzbank

In the view of Axel Rudolph, Senior Technical Analysis at Commerzbank, the pair’s perspective keeps pointing to a consolidative pattern...
Mehr darüber lesen Next
Livechat starten