TWD to CAD Exchange Rates & Currency Deals

Current market bias for the CAD to TWD exchange rate is slightly bullish. Key drivers include: - The Bank of Canada holding its policy rate at 2.25%, attracting foreign investment. - Strong Canadian employment data, with 54,000 jobs added in November, boosting confidence in the CAD. - Taiwan’s central bank aiming for a stable New Taiwan Dollar, which indicates a steady exchange rate environment. Expect the CAD to TWD exchange rate to trade within a narrow range over the next 1–3 months. An upside risk could arise from rising oil prices, benefiting Canada as a leading oil exporter. Conversely, increased geopolitical tensions may shift demand towards safe-haven currencies, potentially weakening the CAD. --- CAD to TWD is slightly bullish as Canada's job growth boosts confidence, with stable rates from the Bank of Canada. Expect a narrow trading range; upside risk from rising oil prices, downside from geopolitical tensions affecting demand for CAD