Another record high for the New Taiwan dollar in 5 years. The Taiwan New Dollar rose 2.33 cents against the U.S. dollar today. It is approaching the 1 U.S. dollar to 29 New Taiwan dollar 5-year high. The Taiwan Central Bank President Peng stated that the U.S. Treasury Secretary Mnuchin…
Day: January 25, 2018
Draghi Sent the Euro to 1.25
As expected, it’s been a very busy day for the euro. The ECB announcement was very much as expected. It left the monetary policy unchanged, acknowledged the economic strong growth, and emphasized the subdued inflation. These were probably the reasons why the traders had quietly pushed the euro higher to…