USD/THB: Bullish but overbought – OCBC
USD/THB traded sharply higher, in part due to stronger US Dollar (USD), softer gold prices and in part, due to concerns over central bank autonomy.
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USD/THB traded sharply higher, in part due to stronger US Dollar (USD), softer gold prices and in part, due to concerns over central bank autonomy.
Scope for USD/THB to trade higher given official concerns over THB, DBS’ FX & Credit Strategist Chang Wei Liang notes.
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