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USD/THB should rise

USD/THB may see hold-up in buying on worse than expected manufacturing production Jan manufacturing production dropped by 1.31%y/y, vs expected -0.65% and -0.35% previous USD/THB caught in tight 32.37-32.39 range, SET -0…

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  • USD/THB may see hold-up in buying on worse than expected manufacturing production

  • Jan manufacturing production dropped by 1.31%y/y, vs expected -0.65% and -0.35% previous

  • USD/THB caught in tight 32.37-32.39 range, SET -0.17%

  • Calls by businesses for a declining THB to lift exports threatens intervention  

 

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