Foreign investors are pouring money back into Taiwan's stock market, lifting the Taiwan dollar to a two-month high — good for the currency and for local stocks, less so for exporters who earn in US dollars.

• Nvidia's strong results and guidance beat expectations, lifting Asian tech stocks and pulling Taiwan's index back above 46,000.
• Foreign buyers loaded up on Taiwan stocks and wired money in, driving the currency up for a fifth straight week.
• Taiwan's central bank stepped in near the close to slow the rise, trimming some of the day's gain.
• Other Asian currencies were mixed — the Korean won jumped, while the yen and yuan slipped a little.

Outlook: The Taiwan dollar could push toward 31.5 if AI-driven buying keeps up, but a hawkish message on inflation and rates from Fed chair Kevin Warsh at Jackson Hole would strengthen the dollar and stall the rally.