Free Trial

Daily Covid Cases Fall, Cabinet Meeting Up

THB

Spot USD/THB punched through its 100-DMA this morning, as the rate played catch-up with overnight bid in USD. The rate last trades +0.175 at THB33.055, with bulls looking for a rally towards Oct 18 high of THB33.488. On the downside, a pullback past Nov 18 low of THB32.565 would support the bearish case.

  • Thailand's daily Covid-19 case count fell to the lowest level since June 30, as the nation reported 5,126 new infections.
  • PM Prayuth chairs weekly Cabinet meeting today, but little has transpired in local media about ministers' agenda.

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.