Bank of Thailand: Easing cycle likely over – ANZ

ANZ analysts think that today’s cut likely marked the end of the Bank of Thailand’s current easing cycle, unless growth fails to pick up in 2020.

Key Quotes

“The central bank today also announced several measures aimed at reining in THB strength. While these may help at the margin, other factors are likely to play a bigger role in influencing the THB’s trajectory, in our view.”

European Monetary Union Markit PMI Composite registered at 50.6 above expectations (50.2) in October

European Monetary Union Markit PMI Composite registered at 50.6 above expectations (50.2) in October
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GBP/USD seen within a 1.28/1.30 range near term – UOB

In view of FX Strategists at UOB Group, Cable has moved into a consolidative phase, likely between 1.2800 and 1.3000 for the time being. Key Quotes 24
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