Taiwan Traders Unperturbed as Pelosi Visit, Xi Call Spur Tension
- Volatility gauge for Taiwan dollar falls to lowest since Feb.
- Biden will speak to Xi amid fresh tensions over Taiwan
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A gauge of expected volatility in the Taiwan dollar fell to the lowest since February as traders remained calm ahead of the planned call between US and Chinese leaders amid fresh tensions over Taiwan.
The one-month Taiwan dollar implied volatility dropped to 4.98 on Tuesday, the lowest since February 25, with the currency continuing to consolidate near a two-year low.