USD/TWD Tad Higher - 30.100-30.150 Tipped

        0230 GMT [Dow Jones] The USD/TWD is higher reflecting the stronger USD/KRW, a local trader says. The pair is at 30.125 compared with 30.115 traded before local central bank suspected intervention Wednesday which lifted it to 30.165 at the close of onshore trading. Volume is thin. "The USD/TWD is likely to stay in a narrow trading band amid a dearth of fresh trading cues," a trader says tipping a 30.100-30.150 band for the session. The market will likely seek cues from stock-market moves by foreign investors. It is up 0.3% after Wednesday's losses. Foreign investors are net sellers of local stocks for the past two sessions. (fanny.liu@wsj.com)
        (END) Dow Jones Newswires

        May 07, 2014 22:31 ET (02:31 GMT)