Free Trial

Baht Hits Multi-Week Lows

THB

Spot USD/THB has pushed higher this morning, hitting its best levels since Jan 10. The rate now changes hands +0.158 at THB33.695 and further gains past Jan 10 high of THB33.747 would bring Dec 22 high of THB33.835 into play. Bears need a pullback under Mar 17 low of THB33.208 before eyeing a deeper sell-off.

  • Thailand's Public Health Ministry said it is looking to accelerate the distribution of booster Covid-19 vaccines to elderly citizens ahead of the Thai New Year holiday.
  • Looking ahead, Thailand's Customs Department will publish trade data for the month of February on Wednesday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.