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Baht On Softer Footing

THB

USD/THB trades +0.140 at THB33.177, just shy of a multi-week high printed early on. The THB33.500 provides the next notable layer of resistance, while bears look for a pullback under the 50-DMA at THB32.888, which would expose Sep 10 low of THB32.618.

  • Public Health Min Anutin confirmed that the booster Covid-19 jab will be rolled out on Sep 24, adding that he is confident that Thailand will inoculate 50mn people by the year-end.

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