Currency markets in the Asia-Pacific region experienced a positive trend on Monday, September 18, as major currencies strengthened against the US dollar. Leading this trend was the Taiwanese dollar, which reached a three-year high. The key economic factors contributing to this movement are outlined below.

The Taiwanese dollar $TWDUSD recently surged, marking the largest single-day increase in nearly four decades. This movement is attributed to several factors, including positive economic data, improved market sentiment, and strong earnings in the technology sector. This article explores how and why this significant strengthening of the currency occurred.