The USD/TWD is slightly lower in thin trade, weighed by export settlements, say two local traders. The pair is at 29.125 after touching the day's low at 29.050 vs 29.136 late Thursday in Taipei; traders say the local central bank was suspected of buying around 29.060 to keep the pair in its ideal range. They note most market participants refrained from trading actively ahead of the U.S. non-farm payroll date due later in the global day. "The greenback is still likely to test NT$29.000 on Monday if the U.S. job numbers beat expectations and lift risk appetite," a trader says. They tip the pair to trade in a 29.000-29.150 band Monday. Taiwan shares end 0.3% higher; foreign investors are net buyers of NT$2.76 billion worth of local shares.
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