Central News Agency (CNA) The weak US employment data dragged down the US dollar index, giving Asian currencies some breathing room. However, the pressure of foreign capital outflow remains, and the New Taiwan dollar could not escape depreciation. It was only half a step away from the 32 mark during trading today and closed at 31.93, down 0.02 yuan, hitting a new low in nearly three months. Forex traders believe that the pressure of foreign capital outflow will not decrease, and the 32 mark may be tested next week. The latest US June employment report was weaker than expected, cooling market expectations for interest rate hikes by the Federal Reserve (Fed) and causing the US dollar index to weaken. US stocks were mixed, with the Dow reaching a new high while tech stocks fell. Affected by the decline in the Philadelphia Semiconductor Index, the Taiwan stock market opened weakly this morning, briefly falling below the 46,000-point level. As traditional sector stocks strengthened, the decline in electronics stocks narrowed, and the broader market turned from negative to positive, closing at 46,780.62 points, up 36.46 points. However, foreign investors continued to sell off Taiwan stocks by NT$77.782 billion, marking the second consecutive day of selling, with cumulative withdrawals exceeding NT$160 billion. Foreign capital outflow continued unabated. The New Taiwan dollar opened at 31.92 against the US dollar today and quickly weakened. However, exporters actively sold foreign currency above 31.9 yuan, causing the exchange rate to fluctuate weakly. It touched a low of 31.995 during trading, just a step away from the 32 mark. The total transaction volume in the Taipei and Yuanta foreign exchange markets narrowed to US$2.4905 billion. The cumulative depreciation this week was 0.07 yuan or 0.22%, marking the second consecutive week of depreciation. Forex traders pointed out that the Taiwan stock market appears to be in a short-term correction phase, with foreign investors