Today's TWD to USD Price Update

Summary

This report provides the real-time exchange rate between the Taiwan Dollar (TWD) and U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Taiwan Dollar (TWD) is the official currency of Taiwan, while the U.S. Dollar (USD) is one of the world’s most dominant fiat currencies. The exchange rate between them reflects not only the economic relationship between Taiwan and the United States but also broader regional and global economic trends.

Today’s Price

• 1 TWD = 0.0318 USD
• 24h High: 0.031855 USD
• 24h Low: 0.031839 USD

Market Analysis

Recently, the TWD’s price movement against the USD has been influenced by regional economic trends and global risk sentiment, showing a slight upward trend.

• Technical levels: Watch for potential support and resistance levels around current price points
• Risk note: Be aware of potential volatility due to economic data releases or geopolitical events
• Trading opportunities: Consider range trading strategies given the recent narrow price band

Conclusion

Continue to monitor the TWD/USD pair closely, integrating regional economic indicators with global market sentiment. For traders, focus on identifying potential breakout points from the current trading range, while remaining vigilant to any sudden shifts in market dynamics that could impact the exchange rate.