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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
TWD
Yet another day in Asia with the Taiwan dollar as best performer, the story this week has been a late swing in trade which erases the gains through the session, which has capped gains on a 5-day basis to just 0.59, though TWD is still the best performer against the greenback at with this gain.
- Yesterday Taiwan reported first locally transmitted Covid-19 case since April 12, the government says it has targeted 167 contacts of the new case and will test them all. Taiwan has reported 770 Covid-19 confirmed cases and 7 deaths as of Tuesday
- Taiwan also plans to cut flights from London by half starting from Dec. 23 due to rising cases locally, but has stopped short of banning travel to and from the country. Arrivals from the UK will need to undergo 14-day centralized quarantine
- USD/TWD last down 0.210 at 28.135 after spiking from similar levels to 28.346 yesterday.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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