• Asian FX: KRW and TWD to strengthen the most – ANZ

Noticias del mercado

28 diciembre 2023

Asian FX: KRW and TWD to strengthen the most – ANZ

Economists at ANZ Bank expect KRW and TWD to be the best Asian currencies in the coming year.

Sentiment towards TWD might be cautious ahead of January’s presidential election

With the upswing in the global semiconductor cycle underway, we expect the currencies of the technology-export-oriented economies to outperform.

We forecast KRW and TWD to strengthen the most, with our year-end target for USD/KRW at 1,220 and for USD/TWD at 30.20.

Sentiment towards TWD might be cautious ahead of January’s presidential election, but the focus is likely to turn towards the improving export outlook once that is out of the way.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: