Friday, October 16, 2026

Technicals

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USD/THB eyes fresh test at 33.60, 33.80 levels as growth outlook weak

Q1 GDP 3.0%y/y vs exp 3.4%, though above 2.1%, revised, previous quarter Quarterly number +0.3% vs expected -0.50% but below 1.10% previous (revised) NESDB cuts full year growth o 3-4% vs 3.5-4.5% previous f/c in Februar…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Q1 GDP 3.0%y/y vs exp 3.4%, though above 2.1%, revised, previous quarter

  • Quarterly number +0.3% vs expected -0.50% but below 1.10% previous (revised)

  • NESDB cuts full year growth o 3-4% vs 3.5-4.5% previous f/c in February

  • Exports growth this year cut to 0.2% from 3.5% in February-planning agency

  • Pair last at 33.48-50, traded high of 33.53 earlier 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team