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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
MNI US MARKETS ANALYSIS - Ouster of Barnier Leaves Little Dent
BoT Expected To Leave Policy Rate Unchanged
Spot USD/THB has ticked away from THB32.745, a fresh two-month low printed earlier in the session. The rate last changes hands at THB32.788, little changed on the day.
- Should bears manage to force a break under Sep 10 low of THB32.618, they could take aim at Aug 31 low of THB32.215. Conversely, a rebound above Oct 18 high of THB33.488 would bring Oct 6 high/round figure of THB33.990/34.000 into play.
- The BoT will deliver their monetary policy decision later today. See our usual preview for more colour. Virtually all analysts expect policymakers to stand pat on interest rates.
- The decision comes ahead of the release of Thailand's Q3 GDP this coming Monday.
- The Constitutional Court is scheduled to deliver its ruling in a case against eight pro-democracy protesters today. The verdict may have long-term consequences for domestic debate about Thailand's political regime.
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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.