USDTHB "U.S. Retail Sales Surge, Dollar Strengthens"USD/THBOANDA:USDTHBYES_Group"U.S. Retail Sales Surge, Dollar Strengthens · Capital Flows into Bonds" U.S. Retail Sales for March 2026 jumped +1.7% MoM, marking a 1-year high and significantly exceeding analyst expectations. This signals robust consumer resilience despite mounting pressures from geopolitical tensions in the Middle East. THB Currency (Thai Baht) From a technical perspective, the medium-term outlook moves within a Sideways Down channel. The price has recovered from its swing low to a swing high at the 32.30 zone. This morning saw a slight pullback; however, intraday support is expected to hold above 32.12. There is a potential for price to retest 32.30 within the next 1–2 days, driven primarily by fundamental factors. Target: 32.30 – 32.35 US Dollar Index (DXY) Short-term Dollar Appreciation The strong retail data bolsters the view that the Fed may delay interest rate cuts, providing fundamental buying support for the Greenback. The DXY is currently fluctuating around the 97–98 range, though further upside remains capped by signs of a potential US-Iran truce, which has dampened safe-haven demand.