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Excerpt from:  Forex Forecast

April 15, 2008 Forex Trading Forecast: Taiwan Dollar Taiwan dollar expected to do well in currency trading Some analysts predict that within six months the Taiwan dollar may reach new highs against the US dollar in forex trading. –  Currency Analyst The forex trading forecast for the Taiwan dollar is being driven by inflation right now. As inflation in Taiwan grows, the central bank there is more likely to allow the currency to gain in trading on the FX market in order to curb inflation. Some analysts predict that within six months the Taiwan dollar may reach new highs against the US dollar in forex trading. Bloomberg reports on the central bank and the Taiwan dollar: ``The central bank will likely utilize currency appreciation as another policy tool in combating imported inflation,'' Goldman's research team led by London-based Jim O'Neill wrote in a monthly global report received by Bloomberg today. ``The interest-rate differential vis-à-vis the U.S. dollar has become more favorable.'' Forex Trading with the Taiwan Dollar Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Topic Tags:  currency trading, currency trading FX market, forex trading, forex trading forecast, forex trading Taiwan dollar, Taiwan dollar, US dollar forex trading by mmarquit  |  ↑top  |  link to this

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