China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
NZDJPY Bulls in Control: Buy-the-Dip Setup Points to 96 Target 
USD/CHF Pauses After 200-Pip Rally — Buy Dips Near 0.775, Target 0.790 
- USD/TWD is currently trading around 32.53 levels.
- It made intraday high at 32.71 and low at 32.45 levels.
- Taiwan Central bank cuts benchmark interest rate by 0.125 pct point to 1.5 pct.
- Taiwan central bank says outlook for consumer prices is stable and added economic growth seen gradually recovering quarter by quarter.
- Intraday bias remains bearish till the time pair holds key resistance at 32.74 marks.
- On the down side, key support levels falls at 32.28 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
