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THB

Spot USD/THB trades on a slightly firmer footing, but remains comfortably within yesterday's range. The rate last deals +0.040 at THB33.798, with bulls looking to take out yesterday's high (THB33.893) before targeting Oct 6/Dec 3 highs of THB33.990. Bears set their sights on the 100-DMA/Mar 31 low at THB33.233/33.195.

  • Worth noting that the main opposition Pheu Thai Party is holding its annual general assembly this Sunday. Party officials have set themselves the goal of winning at least 250 seats in parliament in the next election.

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