Trial now

TUZ1 Given


ANZ Hikes Mortgage & Depo Rates


Futures Tight In the Tokyo Morning


South Korea's Exports Prove Resilient

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Spot USD/THB has extended gains this morning, despite a further easing in Thailand's Covid-19 case count, and last trades +0.040 at THB33.383. The baht remains the worst performer in Asia this week.

  • Bulls set their sights on THB33.500, a key layer of resistance which capped gains in August. Conversely, bears look for a pullback under the 50-DMA at THB32.928 towards Sep 15 low of THB32.850.
  • FinMin Arkhom announced Monday that Thailand will raise its cap on debt-to-GDP ratio to 70% from 60%, without outlining any specific timeframe for implementing the reform.
  • Thailand declared 10,919 new Covid-19 cases today, the smallest daily case count since Jul 17.
  • PM Prayuth chairs the weekly Cabinet meeting today. Looking further afield, Thailand's Customs Department will publish their latest trade report on Thursday.