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BoT Speak Eyed

THB

Spot USD/THB changes hands +0.035 at THB34.298 at typing, with domestic headline flow offering little to rock the boat.

  • The high print of May 13 (THB34.783) still provides the initial bullish target, while bears set their sights on May 5 low/round figure of THB34.018/34.000.
  • Chadchart Sittipunt is set to become new Bangkok governor after a landslide victory in the election held Sunday.
  • Note that BoT Gov Sethaput will be interviewed by Bloomberg today.
  • Looking ahead, Thailand's industrial output & customs trade data are due later this week.

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