Euro in Uruguay: exchange rate on Wednesday, October 28
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Taiwan dollar tumbles in early trade, risks testing 32.7
The Taiwan dollar fell sharply in early trading, with traders citing a steep decline in Taiwan stocks and active foreign outflows. The currency may retest the 32.7 level.
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Onshore yuan rises 21 points to 6.6600 per dollar
The yuan reached its strongest level since June 6, 2022.
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Yen Steady Ahead of BOJ Decision as Treasury Yields Fall
The yen was steady ahead of the Bank of Japan's policy decision. The dollar tracked Treasury yields lower as selling in AI shares prompted a flight to safety.
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Yuan rises 21 pips to 6.6600 per dollar, highest since June 6, 2022
The yuan rose 21 points against the dollar at the start of trading to 6.6600, its strongest level since June 6, 2022.
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Australian dollar falls as AI trade cools; kiwi steadies
The Australian dollar fell under safe-haven selling, while the New Zealand dollar steadied after the RBNZ unexpectedly held rates. The kiwi was expected to end the week down 1.2%.
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CFETS yuan index hits 52-month high, up 5.9% this year
Reuters estimates the CFETS yuan index has reached a fresh near-52-month high, rising 5.9% year to date.
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