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Baht Steady As Off'ls Seek To Test Travellers From Africa

THB

Spot USD/THB trades flat at THB33.728, holding yesterday's range. Bears need a dip through Nov 30 low of THB33.605 towards the 100-DMA, which intersects at THB33.124. Conversely, a jump above Nov 30 high of THB33.813 would shift bullish focus to Oct 6 high of THB33.990.

  • Health officials are racing to track down all travellers who have arrived in Thailand from Africa since Nov 15 and test them for infection with the Omicron coronavirus variant.
  • Participants look ahead to the release of Thailand's CPI data on Friday. Consensus looks for a slight pick-up in the pace of inflation to +2.50% Y/Y from +2.38% recorded in October.

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