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Taiwan Current Account USD

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Taiwan Current Account USD

Frequency

Delivery Method

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Status

 
Latest Release
Nov 20, 2024
Actual
27.48B
Previous
21.82B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments in USD during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the TWD.

A higher than expected reading should be taken as positive/bullish for the TWD, while a lower than expected reading should be taken as negative/bearish for the TWD.
Importance:
Country:
Currency: TWD
Source: Central Bank of Taiwan
Taiwan Current Account USD
 
Release Date Time Actual Forecast Previous
Nov 20, 2024 (Q3) 03:20 27.48B   21.82B
Aug 20, 2024 (Q2) 03:20 21.82B   29.11B
May 20, 2024 (Q1) 03:20 29.11B   34.84B
Feb 27, 2024 (Q4) 03:20 34.84B   27.22B
Nov 20, 2023 (Q3) 03:20 27.22B   22.24B
Aug 21, 2023 (Q2) 03:20 22.24B   19.00B

Analysis

Marc Chandler
Emerging Markets End Friday On Weak Note, Extend Slide By Marc Chandler - May 20, 2018

(from my colleague Dr. Win Thin)EM FX ended Friday on a weak note and extended the slide. For the week as a whole, the best EM performers were PHP, TWD, and SGD while the worst were ARS, ZAR, and TRY....

Marc Chandler
Strong NFP May Not Be Enough To Reignite Dollar Rally By Marc Chandler - May 02, 2016

The die is cast. The Federal Reserve is on an extended pause after the rate hike last December. The market remains convinced that the risks of a June hike are negligible (~ less than 12% chance). The...

Current Account USD Discussion

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