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Thai CPI Takes Focus


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.

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