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Foreign Exchange Market Update

Foreign Exchange Market Update

Please call the FX Department at 626-279-3235 for the most current rate.

October 8, 2025

Bar graph shows overnight changes in major currencies around the world

 

German Industrial Output Falls Most Since Early 2022

Euro traded at 1.1609 against USD at 9:00 AM PST.

Germany's industrial output registered its sharpest decline in more than three years in August due to the fall in auto production. Industrial output fell 4.3% in August, in contrast to the 1.3% increase in July. This was the biggest fall since March 2022, when output was down 4.4%.

The decrease in production was particularly attributable to the sharp 18.5% fall in auto output. However, this marked decrease partly reflects annual plant closures for holidays and production changeovers. The production of capital goods fell 9.6% and consumer goods slid 4.7%. However, intermediate goods output registered only a moderate decrease of 0.2%.

Energy production was down 0.5%, while construction output grew 0.6% in August. Excluding energy and construction, industrial production fell 5.6% from July and decreased 5.1% from the previous year. Yearly, industrial production declined by 3.9%.

Earlier this week, a 0.8% monthly decrease in German factory orders in August, as the positive impact of order frontloading from the U.S. faded. This follows a 2.7% decrease in July.10/08/2025 - 06:18:00 (RTTNews)

 

Taiwan Inflation Lowest Since March 2021

Taiwan's consumer price inflation moderated in September to the lowest level in four-and-a-half years. The consumer price index climbed 1.25% year-on-year in September, slower than the 1.60% rise in August. Further, this was the lowest inflation since March 2021, when prices rose 1.22%.

Food inflation softened to 2.64% in September from 3.18% in August, and the growth of housing costs slowed to 1.61% from 1.81%. Meanwhile, the decline in transportation and communication costs deepened to 2.02% from 1.34%. Monthly, consumer prices edged up a seasonally adjusted 0.11% in September versus a 0.12% increase in the prior month. 10/08/2025 - 05:47:00 (RTTNews)

 


This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.

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