Spiga

USD/THB Ends Flat; 33.25-33.40 Range Tipped

Forex News USD/THB ends Asia trade almost unchanged after rangebound session, likely in wider but still tight 33.25-3.40 range tomorrow. Pair last quoted at 33.35-33.36 vs 33.33 late Friday after trading 33.26-33.36 band today. Local bank dealer says pair hit session lows on selling by German names, but demand from local branches of foreign banks allowed it to creep higher. Adds may be pressure on baht tomorrow as today's stock market rally likely to be followed by profit-taking, suggesting portfolio outflows.




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