| USD/TWD ends down at 33.820 vs last close at 33.888, tracking weaker USD/KRW, gains in local stocks, foreign funds inflows, but pair ends off lows on suspected central bank support, says local bank trader, adds market's reaction to rate decision in central bank's quarterly policy meeting (due shortly) will likely be muted; "whether they cut rates or not, the result is the same, market rates are near zero." Exporters' USD selling to cap any USD gains above 33.850 tomorrow, support tipped at 33.750. |
Thursday, March 26, 2009
USD/TWD ends down
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment