[B]Ikon Forex[/B] – In the previous night the US stock market surged up and the US sales report on the pre owned homes performed strong which had spurred the risk preference emotions in the forex market and continued to affect the forex rate of USD/NTD in the forex market. The fore rate of USD/NTD slumped down in the afternoon session in the forex market on Tuesday, and according to the latest report, the forex price of NTD was 32.015 yuan, and the close quotation of NTD was 32.120 on 26 in the forex market.
The forex dealer said he found the buying of NTD in the overseas forex market performed well, and these forex brokers might believe the forex price of NTD might surge up in the forex market, and the economy in Taiwan was being developed. The relationship between mainland China and Taiwan is becoming more and more close, which has enhanced the confidence of the forex brokers towards the forex price of NTD.
It was predicted that the forex price would float between 31.950 and 32.050 new Taiwan dollars in the forex market.
Edited by Laura.