USD/THB faces extra consolidation in the short term – UOB – by pabspiovano Thailand Banks Currencies Crosses
We expected USD/THB to trade in a range between 34.55 and 34.90 last week. USD/THB then dropped briefly to 34.46, rebounded to 34.87 before ending the day week at 34.66 . The price actions were likely part of a consolidation phase and this week, we expect USD/THB to trade between 34.50 and 34.90. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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