Today's USD to TWD Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the New Taiwan Dollar (TWD), 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 New Taiwan Dollar (TWD) is the official currency of Taiwan. The exchange rate between them reflects market sentiment regarding currency valuations and cross-border investment flows between the United States and Taiwan.

Today’s Price

• 1 USD = 31.69 TWD
• 24h High: 31.6622 TWD
• 24h Low: 31.6121 TWD

Market Analysis

The USD/TWD exchange rate has shown relatively tight consolidation over the 24-hour period, with minimal volatility ranging approximately 0.05 TWD between the day’s high and low points.

• Technical levels: Key support at 31.6121 TWD, resistance at 31.6622 TWD
• Risk note: Traders should monitor for any shifts in monetary policy divergence between the U.S. Federal Reserve and Taiwan’s central bank, which could impact currency valuations
• Trading opportunities: Watch for breakouts beyond the established 24-hour range and potential mean reversion trades within the consolidation zone

Conclusion

Continue to monitor the USD/TWD pair closely, integrating macroeconomic developments and central bank policy signals. For range-bound traders, focus on support and resistance levels identified within the current consolidation pattern. For longer-term investors, track interest rate differentials and trade flow dynamics between the two economies.