USD/TWD up close on broad strength

USD/TWD up at 32.746 midday vs 32.715 last close on broad strength in USD, buying in NDF market, but off intraday high of 32.865 as Taiwan shares recover to be +0.6%; volume moderate. “I have no clue where the pair is heading after the recent volatility in both currency and stock markets,” says foreign bank trader; generally, though, tips 32.700-32.850 recent range to hold as market searches for direction. Tips 32.700-32.750 band for afternoon.