Baht losses most in two weeks on technical indicators

Note: This section contains information in English only.
Source: Bloomberg
The Thailand's Baht edged lower by 0.2% to 29.68 per U.S. Dollar in the morning of Bangkok trading session on Monday. Earlier the currency touched 29.45 level - the highest points since 1997. Traders were willing to sell the currency, as technical indicators signaled about an overbought situation and a potential rebound of the Dollar. The 14-day RSI slipped to 29.3 on 15th of March.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.