Asian Currency Bulls Charge: Taiwan Dollar, Korean Won & Chinese Yuan in High Demand

Markets roar as bulls stampede into Asian currencies—Taiwan’s dollar flexes muscle, Korea’s won surges, and China’s yuan shakes off bearish whispers.

The Rally No One Saw Coming

While Wall Street snoozed on emerging markets, Taipei and Seoul quietly built momentum. Now, traders scramble to catch up.

Yuan’s Revenge

China’s currency—written off by shorts last quarter—bites back with stealthy gains. ‘But fundamentals!’ cry analysts as their positions burn.

The Cynic’s Corner

Funny how these ‘surprise’ rallies always happen when hedge funds need quarterly performance boosts. Just saying.

Asia Currencies Taiwan Dollar & Korean Won Rise Double-Digits

The Taiwan dollar is up nearly 12% year-to-date while the South Korean won is up close to 9% YTD. The Chinese yuan is up 1.6% against the US dollar making Asian currencies chart a different course in 2025. The currency markets have seen major changes this year with several leading currencies coming out at the top of the charts.

said Fiona Lim, senior FX strategist at Maybank to Reuters. This made Asian currencies prime investments as the Southeast region benefitted from the developments.

Asian currencies are positioned for better returns as huge investments have been poured into their fold. Central banks of emerging economies have taken concrete steps to benefit from the rising market positions. The Taiwan dollar and South Korean won are projected to rally further while the Chinese yuan could face challenges.