The USD/TWD nudges lower, with exporters and importers largely on the sidelines ahead of the German constitutional court's decision on the legality of the euro-zone's bailout fund, a local bank trader says. The pair is at 29.669, and two traders say the central bank was suspected of buying the greenback from 29.586 and pushing the pair higher late in the session; it was trading at 29.715 late Tuesday in Asia. The first trader tips the pair to hover in a 29.550-29.700 range Thursday, barring any negative surprises from the German court. She adds, exporters will likely be active in selling the greenback again if the pair falls nearer towards 29.600.
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