The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges lower to Friday's low around 99.62 at the time of writing on Monday, after the Taiwan Dollar (TWD) surges over 5% and triggers a spillover effect in Asian currencies against the Greenba

USD/TWD cratered into the 28.90 area on Monday, deepening its historic collapse after a 5.7% drop added to Friday’s 4.4% fall.