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USD/THB could test 34.00 on weak Thailand IP

  • USD/THB risks spike; May IP -7.6%y/y vs expected -4.8%, -5.3% last

  • Pair should resume fresh rally towards 34.00 test on weak IP

  • USD/THB last 33.78-80, traded 33.77-78 rg so far only

  • Exporters sales continue to cap, markets cautious on Greece risk, holiday tomorrow

  • Thai markets to close for local holiday tomorrow

  • Market Data
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