Free Trial

Curbs Extended

THB

Spot USD/THB has wavered around neutral levels, last trades at THB31.392. A break above May 18 high of THB31.510 would allow bulls to target Apr 12 high of THB31.575, while losses past the 50-DMA at THB31.153 would expose May 10 low of THB31.048.

  • Thailand's Covid-19 task force on Friday decided to extend the state of emergency by two months, through the end of Jul. The decision came after health officials identified the first community transmission of the Indian variant of coronavirus in Bangkok.
  • EEC, BoT & FinMin representatives are set to speak at "EEC Macroeconomic Forum: Thai Economic Outlook" later today.
  • Customs trade balance comes out tomorrow, with foreign reserves data due Friday.

To read the full story

Close

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.