Forex News USD/TWD likely to consolidate with slightly stronger upward bias after settling at 30.359 yesterday - lowest level in almost 3 weeks - buoyed by some overnight USD gains; while Taiwan shares set to open higher on U.S. lead (and despite after-hours negatives from key U.S. stocks), local bank trader doesn't expect much fresh inflows for now. Despite heavy net selling by foreign investors lately, actual outflows hav ebeen relatively small, meaning large amounts of foreign investment money still parked on island. "The pair is pushed and pulled in both directions, but I think overall the upward momentum is slightly stronger." Tips 30.300-30.400 band.
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