South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
- USD/TWD is currently trading around 32.53 levels.
- It made intraday high at 32.71 and low at 32.45 levels.
- Taiwan Central bank cuts benchmark interest rate by 0.125 pct point to 1.5 pct.
- Taiwan central bank says outlook for consumer prices is stable and added economic growth seen gradually recovering quarter by quarter.
- Intraday bias remains bearish till the time pair holds key resistance at 32.74 marks.
- On the down side, key support levels falls at 32.28 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
