CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Asian FX: Surpluses rise without currency strength – Commerzbank

Source Fxstreet

Volkmar Baur at Commerzbank flags surging trade and current account surpluses in China, Taiwan and South Korea alongside weak currencies versus Euro (EUR) and, for the Won (KRW), even versus US Dollar (USD). He links this to systematic FX intervention that keeps real exchange rates low, warning that such surplus‑driven weakness shifts deficits onto other economies and dampens overall global growth.

Export surpluses and suspected intervention

"High growth rates and strong export performance should be pointing quite clearly toward currency appreciation."

"The most surprising aspect of the whole situation, however, is that this development has taken place in recent months without the currencies of these countries appreciating."

"Since the beginning of last year, the CNY has lost 5.5% against the euro, the Taiwanese dollar has lost nearly 9%, and the South Korean won has depreciated by 12.6% against the euro over roughly the past 15 months."

"The fact that this is not happening suggests that these countries are systematically intervening in their currency developments."

"According to the IMF, high surpluses driven by a weak currency therefore not only burden other economies, but also lead to lower global growth overall."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
placeholder
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookThe financial world is perpetually in motion, but the landscape for 2026 seems to be shaping up to be particularly dynamic. For CFD traders navigating global markets, this heightened volatility could present a distinctive set of challenges and opportunities.
Author  Rachel Weiss
Mar 05, Thu
The financial world is perpetually in motion, but the landscape for 2026 seems to be shaping up to be particularly dynamic. For CFD traders navigating global markets, this heightened volatility could present a distinctive set of challenges and opportunities.
placeholder
Silver Price Forecast: XAG/USD bulls seem hesitant below $82.00; US NFP awaitedSilver (XAG/USD) steadies following the previous day's modest pullback from the $84.00 mark and trades with a mild positive bias during the Asian session on Wednesday.
Author  FXStreet
Feb 11, Wed
Silver (XAG/USD) steadies following the previous day's modest pullback from the $84.00 mark and trades with a mild positive bias during the Asian session on Wednesday.
placeholder
WTI drops below $64.00, Middle East tensions in focusWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the early Asian trading hours on Tuesday. The WTI price falls as concerns about supply disruptions in the Middle East have faded.
Author  FXStreet
Feb 10, Tue
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the early Asian trading hours on Tuesday. The WTI price falls as concerns about supply disruptions in the Middle East have faded.
placeholder
Silver price today: Silver rises, according to FXStreet dataSilver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $81.78 per troy ounce, up 5.54% from the $77.48 it cost on Friday.
Author  FXStreet
Feb 09, Mon
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $81.78 per troy ounce, up 5.54% from the $77.48 it cost on Friday.
placeholder
Crypto Majors Stall as Bitcoin, Ether, and XRP Struggle to Shake Off Bearish OverhangBitcoin steadies at $70k while Ethereum and XRP face key resistance levels; technicals show bearish MACD crossovers despite oversold RSI conditions.
Author  Mitrade
Feb 09, Mon
Bitcoin steadies at $70k while Ethereum and XRP face key resistance levels; technicals show bearish MACD crossovers despite oversold RSI conditions.
goTop
quote