Forex News USD/TWD likely to rise following continued pullback in oil prices, though expected rallies in local shares to limit pair's gains, says local brokerage trader. Also, Commercial Times report, citing Governor Perng Fai-nan saying central bank won't use stronger TWD to curb inflation, and June's export orders (growth rate slowest in 16 months) "may be negative cues for TWD in mid- to long-term. The pair is affected mostly by the direction of the USD in the short-term." Tips 30.370-30.430 vs 30.394 last close.
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