US Stock Futures Dip After Wall Street Rally 
Bessent Presses Japan on Fiscal Policy as Yen Struggles 
Gold Prices Rise as Oil and Treasury Yields Fall 
Iran Economic Crisis Forces Afghan Families to Return Home 
European Stocks Rally After Fed Hike, Iran Peace Hopes 
Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar 
US Stock Futures Rally as Markets Digest Fed Rate Hike 
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease 
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High 
Add as a preferred source on Google
The USD/TWD currency pair is expected to hold at levels of around 30.40-30.70 in the coming months after the Central Bank of the Republic of China (Taiwan) (CBC) remained on hold, Commerzbank reported.
The Central Bank of the Republic of China (CBC) stayed on hold at 1.375 percent yesterday as widely expected. It cut rates by a combined 50 basis points between Q3 2015 and Q2 2016, but has kept on hold since. CBC noted that the inflation outlook is subdued, with TWD gains helping to cap imported inflation, and that the real interest rate remains at an appropriate level.
"With Taiwan’s ongoing growth recovery not sustaining as yet, we expect CBC to maintain its accommodative policy stance by staying on hold throughout the year," the report said.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
