RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Fed’s Williams Signals One More Rate Hike Before Year-End 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
Fed Unveils Stablecoin Rules Under GENIUS Act 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
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- 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.
