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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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Free AccessDOLLAR-THB : USD/THB has added 13 pips and deals.....>
DOLLAR-THB : USD/THB has added 13 pips and deals at THB31.47 at typing. Thailand
reported four additional cases of coronavirus, and its domestic case count now
stands at 47. In local data, CPI slowed to +0.74% Y/Y from +1.05%, modestly
undershooting consensus forecast of +0.80%.
- The rate has punched through yesterday's highs and bulls look to take out the
Mar 3 high of THB31.64. Above there would return the focus to the Feb 26 cycle
peak at THB31.93. Bears focus on THB31.31/32 area, which has limited losses this
month. A drop under these levels would open up the 38.2% retracement of the Deb
30 - Feb 26 rally at THB31.18.
- Thailand's weekly update on foreign reserves comes out on Friday.
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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.