The Pound to Baht (GBP/THB) exchange rate is trading near 44.30, with the pair holding above the 44 level after recovering from lows seen earlier this year. MUFG expects the Thai Baht to remain under pressure and forecasts, against the US dollar, USD/THB to trade at 33.80 over both the three-month and 12-month horizons.
USD/THB: Energy-led risk off favours Dollar – MUFG
THB: Weak output and energy shock weigh – Commerzbank
USD/THB: Energy shock pressures Baht – Commerzbank
USD/THB: Overbought but still upside risks – OCBC