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Re: thai baht rate update
USD/THB to hold firm tone ahead of court rulings on political parties tomorrow. Bond losses to add to bullish outlook for the pairing but markets wary of month end selling from exporters.
Onshore prices eye test of 34.65 resistance, with good support seen at 34.60. Offshore prices likely to remain trapped amid 32.70-90 range.
The outcome of the junta re-shuffling will no do much harm to the above
JWNY
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