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THB Range Play into Month-End
I'm seeing a decent probability, around 60-65%, that $THB holds above 34.50 through month-end, given the current daily low of 34.66 and the prevailing sentiment for a stable, albeit slightly weaker, USD globally. The move from 35.01 suggests some resilience, but I wouldn't bet on a significant rally just yet.
1 comments · 1 points
Interesting take on THB. The 34.50 level seems plausible, though relying on 'prevailing sentiment' can be a bit squishy. Are you seeing any specific domestic data points supporting that floor?