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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.
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Free AccessOn Lookout For Customs Trade Data
Spot USD/THB popped higher in early trade but has shed these gains since. It last trades flat at THB35.310. Bulls look for a jump above Jun 24 cycle high of THB35.573, which would bring Jan 9 high of THB35.799 into view. Bears need a retreat under Jun 16 low of THB34.830 to get some reprieve.
- Monday's comments from the BoT analyst meeting have had little follow-through in terms of baht price action today, even as the Bank reaffirmed its messaging pointing to an imminent rate rise.
- The Thai National Shippers' Council (TNSC) said they are confident that the rebound in shipments will proceed as expected. This contrasts with a more cautious assessment of Thailand' main economic planner (NESDC).
- The Customs Department is expected to release monthly trade figures this week, the data may hit the wires at any point from now.
- Elsewhere, the Cabinet holds its weekly meeting today.
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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.