Saturday, September 12, 2015
A broadly upbeat mood across Asian markets helped boost higher-risk currencies Friday, although analysts said traders were on edge ahead of a possible U.S. interest rate hike next week.
Friday, September 11, 2015
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.081 to close at NT$32.856 as the greenback recouped its earlier losses on the back of intervention by Taiwan's central bank, dealers said.
Shares in Taiwan pulled back to some extent Thursday as investors locked in profits they had built a session earlier in the wake of losses incurred on Wall Street overnight, dealers said.
Taiwanese suppliers to Apple Inc. generally moved lower Thursday morning after the launch of the next-generation iPhones -- the iPhone 6S and the iPhone 6S Plus -- failed to amaze investors, which raised concerns over shipments of the new devices, dealers said.
Low oil prices could force the closure of around 140 oil fields in the UK's North Sea in the coming five years, according to a report released Wednesday by consultants Wood Mackenzie.
Global stock markets fell Thursday after a strong U.S. job ads report boosted the case for the U.S. Federal Reserve to raise its interest rates next week for the first time in years.
The yen picked up in Asian currency trading Thursday as traders moved into safer assets after regional equity markets retreated and investors look to next week's U.S. Federal Reserve policy meeting.
The oil market rose Thursday, pulling back from heavy losses, as dealers awaited U.S. crude stockpiles data.
Thursday, September 10, 2015
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.228 to close at NT$32.775 as the local equity market staged a strong rebound, which boosted demand for the local currency throughout the session, dealers said.
Japanese stocks posted their biggest gain in nearly seven years Wednesday, leading other world indexes higher, as Asian officials sought to counter pessimism about prospects for markets and economic growth.