Free Trial

Thai CPI Takes Focus

THB

Spot USD/THB changes hands -0.035 at THB3.375, comfortably within the confines of yesterday's range. A fall below THB32.985, which limited losses on Oct 26, would shift focus to the 100-DMA at THB32.867. On the topside, a clearance of Oct 18 high of THB33.488 would bring Oct 6 high/round figure of THB33.990/34.000 into play.

  • Thailand's CPI data will be out later today, with participants already looking ahead to the next BoT monetary policy decision, due Wednesday.
  • Consumer price inflation may have accelerated to +1.91% Y/Y in October from +1.68% in the preceding month, according to Bloomberg consensus forecast.

To read the full story

Close

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.