0208 GMT [Dow Jones] The USD/TWD is lower at 30.116, tracking the USD's weakness against most regional currencies and lower than 30.130 traded before the local central bank's suspected intervention Tuesday. That intervention lifted the pair to 30.176 at the close of the onshore trading session, traders say. "Buying from foreign investors is still providing support around NT$30.100," a trader adds. If the USD/KRW keeps falling, the USD/TWD will still likely follow suit, the trader adds, and tips the pair to trade between 30.050 and 30.150 for the session. (fanny.liu@wsj.com)
(END) Dow Jones Newswires
May 06, 2014 22:09 ET (02:09 GMT)
0 Response to "USD/TWD Falls; 30.0050 Floor Tipped; Trader"
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