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THB

Spot USD/THB has extended gains and last trades +0.090 at THB33.445, with bulls looking to a break above Jan 10 high of THB33.747, followed by Dec 22 high of THB33.835. Bears need a pullback under Jan 20 low of THB32.822 to regain poise.

  • Thailand's factory output rose 6.83% Y/Y in December, overshooting median estimate of +5.25%, after a revised +4.91% recorded in November.
  • Thailand's BoP current account balance & trade balance will be out later today.
  • Looking further afield, Thailand's CPI data will be published on Friday.

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