Central Banks' Currency Game: Taiwan Dollar Goes Berserk
Key Points
- The Taiwan dollar's volatility highlights central banks' unp...
If you thought your investment portfolio was volatile, wait until you hear about the Taiwan dollar doing its best impression of a rollercoaster after one too many energy drinks.
Dollar Dollar Bills Y'all
The forex market has undergone quite the makeover since COVID-19, with central banks playing puppet master to market volatility and investor feelings. The Taiwan dollar's recent surge is basically what happens when central banks decide to switch up their playbook mid-game.
Taiwan's Wild Ride
On May 5, while everyone was busy planning their summer vacations, the Taiwan central bank was bu...
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