Business Insider USHouse Speaker Nancy Pelosi attends her weekly news conference at the US Capitol on February 23, 2022 in Washington, DC. Win McNamee/Getty Images
The Taiwan Stock Exchange Weighted Index slipped as much as 2.1%, and Taiwan Semiconductor Manufacturing dropped as much as 3.1% before paring losses to 2.38%. Should the US Speaker of the House touch down, it would signify a visit by the highest-ranking official in Taiwan in 25 years.
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Yen recovery continues on lower US yields; markets on edge over Pelosi - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The dollar continued its decline on Tuesday, falling to its lowest in two months against the recovering Japanese yen and losing ground on other peers, as investors continued to position for a less aggressive pace of Federal Reserve interest rate hikes. It only feels strong in South Africa, and with the news of Blinken/Ramaphosa meeting, it will gain more strength.
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