Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
- USD/THB is trading around 35.09 levels.
- It made intraday high at 35.11 and low at 34.94 levels.
- Thailand central bank keeps policy rate unchanged at 1.50 pct as expected.
- Intraday bias remains bullish till the time pair holds key support at 34.74 marks.
- A break below tests key support level at 34.41 and 34.18 respectively.
- On the other side, a current rebound from key support will drag the parity up towards key resistance at 35.12/ 35.31 levels.
We prefer to take long position in USD/THB above 35.00 marks, stop loss 34.86 and target 35.31 levels.
