This report provides the real-time exchange rate between the Taiwan Dollar (TWD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Taiwan Dollar (TWD) is the official currency of the Republic of Taiwan. The exchange rate between them reflects market sentiment regarding Taiwan’s economic conditions and trade dynamics, as well as investor confidence in the relative stability of both currencies.
Today’s Price
1 TWD = 0.0318 USD
24h High: 0.031797 USD
24h Low: 0.031608 USD
Market Analysis
Recently, TWD’s price movement against the USD has been influenced by Taiwan’s trade balance dynamics and broader macroeconomic conditions. Taiwan’s reliance on imports and its trade relationship with the United States significantly impact the USD/TWD exchange rate, with trade surplus conditions generally supporting the Taiwan Dollar while deficits exert downward pressure.
Technical levels: Key resistance levels identified at 0.0325, 0.0335, and 0.0346 USD
Risk note: Recent technical analysis indicates mixed signals, with forecasts suggesting a potential decline of approximately -0.86% in the near term
Trading opportunities: Monitor price action around support and resistance zones for potential entry points
Conclusion
Continue to monitor the TWD/USD pair closely, integrating Taiwan’s trade dynamics and macroeconomic indicators with technical analysis. Traders should remain vigilant regarding equity outflows and broader economic shifts that could impact currency valuations in the coming weeks.
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Today's TWD to USD Price Update
Summary
This report provides the real-time exchange rate between the Taiwan Dollar (TWD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Taiwan Dollar (TWD) is the official currency of the Republic of Taiwan. The exchange rate between them reflects market sentiment regarding Taiwan’s economic conditions and trade dynamics, as well as investor confidence in the relative stability of both currencies.
Today’s Price
Market Analysis
Recently, TWD’s price movement against the USD has been influenced by Taiwan’s trade balance dynamics and broader macroeconomic conditions. Taiwan’s reliance on imports and its trade relationship with the United States significantly impact the USD/TWD exchange rate, with trade surplus conditions generally supporting the Taiwan Dollar while deficits exert downward pressure.
Conclusion
Continue to monitor the TWD/USD pair closely, integrating Taiwan’s trade dynamics and macroeconomic indicators with technical analysis. Traders should remain vigilant regarding equity outflows and broader economic shifts that could impact currency valuations in the coming weeks.