DOLLAR-THB : USD/THB trades flat at THB32.43, even...>

DOLLAR-THB : USD/THB trades flat at THB32.43, even as the greenback generally

trades on a softer footing today. The rate is back from an earlier session low

of THB32.37.

- Tuesday's decisions surrounding Thailand's lockdown measures are under the

microscope. On one hand, Bangkok authorities said that the capital will ease

restrictions on some businesses. On the other hand, Thailand extended its state

of emergency by one month, as touted earlier.

- Elsewhere, the Cabinet approved a $4.61 cash handout scheme for 10mn of

farming households yesterday.

- A fall below Apr 23 low/50-DMA at THB32.29/24 would allow bears to target the

psychological THB32.00 figure. Bulls need to take out Apr 16 high of THB32.76

before turning focus to the THB33.00 mark.

- Thai M'fing Production Index ISIC is due at the top of the hour. Trade

balance, BoP current account balance and foreign reserves hit tomorrow.