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DOLLAR-THB : USD/THB has shed 6 pips so far and......>

DOLLAR-THB
DOLLAR-THB : USD/THB has shed 6 pips so far and last trades at THB31.65, testing
its 100-DMA to the downside. A clean break here would open up Mar 12 high of
THB31.49. Conversely, bulls look for a recoil above May 25 high of THB32.00.
- The Bank of Thailand said that it is worried about THB strength and will
consider measures to curb it, following two weeks of fast-paced THB
appreciation.
- Thailand's Markit M'fing PMI, released today, improved to 41.6 from 36.8.
- Local Business Sentiment Index hits the wires later today, while CPI data is
due Friday. Consumer Confidence comes out at some point later this week.

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