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Daily Covid Cases Fall, Cabinet Meeting Up


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.

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