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TWDJPY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

TWDJPY.FOREX represents the exchange rate between the Taiwan Dollar (TWD) and the Japanese Yen (JPY) in the foreign exchange market. This currency pair reflects how many Japanese Yen are needed to purchase one Taiwan Dollar. Trading this pair involves speculating on the relative strength or weakness of the Taiwanese economy versus the Japanese economy, influenced by factors such as interest rates, inflation, trade balances, and geopolitical events in both Taiwan and Japan. FOREX signifies that it is traded on the foreign exchange market.
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Factors

Interest Rate Differentials: The difference between Taiwan's and Japan's interest rates influences capital flows.

Economic Growth: Relative economic performance in Taiwan versus Japan affects currency valuations.

Risk Sentiment: Global risk appetite impacts the safe-haven appeal of the Japanese Yen.

Central Bank Policy: Actions by the Central Bank of the Republic of China (Taiwan) and the Bank of Japan affect currency supply and demand.

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