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View Full Version : Taiwan Dollar Slips on Speculation Importers Buying Greenback - Bloomberg



NewsWhore
02-05-2012, 09:30 PM
Taiwan Dollar Slips on Speculation Importers Buying Greenback (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG2opiW7H9lqhvYaOOkyfjBsdlYDQ&url=http://www.bloomberg.com/news/2012-02-06/taiwan-dollar-slips-on-speculation-importers-buying-greenback.html)
Bloomberg
The US dollar's 14-day relative strength index against the local currency was at 25.7, less than the threshold of 30 that signals the greenback is likely to appreciate. “There are importers buying the US dollar as it's at a good level,” said Henry Lin, ...

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