USD/THB faces some consolidation near term – UOB By pabspiovano Thailand Crosses Currencies Banks
“Last Monday , we held the view that USD/THB ‘could dip below 33.25’. We added, ‘the next support at 32.83 is unlikely to come into the picture’. While our view for a weaker USD/THB was not wrong, we did not expect the sharp drop that dipped below 32.83 . The rebound from the low amid oversold conditions suggest that USD/THB is unlikely to weaken further.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
GBP/USD looks to a potential drop to 1.3500 – UOBIn opinion of FX Strategists at UOB Group, GBP/USD could still grind lower to the 1.3500 region in the near term. Key Quotes 24-hour view: “We expecte
Les mer »
GBP/USD looks to a potential drop to 1.3500 – UOBIn opinion of FX Strategists at UOB Group, GBP/USD could still grind lower to the 1.3500 region in the near term. Key Quotes 24-hour view: “We expecte
Les mer »
AUD/USD Price Analysis: Extends losses below 0.7200 on monthly support breakAUD/USD Price Analysis: Extends losses below 0.7200 on monthly support break By anilpanchal7 AUDUSD Technical Analysis ChartPatterns SupportResistance TrendFollowing
Les mer »
NZD/USD flirts with 2021 low, just above 0.6700 mark amid modest USD strengthThe NZD/USD pair languished near monthly low through the early European session, with bears still awaiting a sustained break below the 0.6700 round-fi
Les mer »
GBP/USD remains depressed near two-week low, around 1.3535 area post-UK PMIsThe GBP/USD pair remained depressed through the early part of the European session and was last seen trading near a two-week low, around the 1.3535 re
Les mer »
GBP/USD Price Analysis: Bears eye a trip to 1.3450 as per weekly chartGBP/USD's W-formation could see the price continue to correct for the week ahead which puts an emphasis towards 1.3450: GBP/USD weekly chart The W-for
Les mer »