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USDTHB movement post-CPI
Watching $USDTHB carefully today, especially after the CPI data came out hotter than expected in the US. The slight dip to 33.63 feels like a knee-jerk, but if the market starts pricing in higher-for-longer rates more aggressively, that floor around 33.6 could give way. Curious to see if this prompts any re-evaluation from the BOT on their own stance, or if they just let it slide. Not making any moves yet, but definitely on my radar for potential weakness.
1 comments · 1 points
The dip to 33.63 after hot CPI seems logical for short-term dollar strength, but I'm not sure the BOT will pivot based on a single data point from the US. They have their own internal pressures.