USDTHB Eyes US CPIUSD/THBOANDA:USDTHBYES_GroupYesterday Recap 10/9/26 Yesterday, USDTHB closed at 32.93 in the Thai market. PPI YoY came in at 5.4%, above expectations and accelerating, reflecting continued elevated inflationary pressure. Meanwhile, Core PPI came in below expectations, while Jobless Claims were slightly higher than expected. Overall, the data was positive for the USD, as the market placed greater weight on the higher-than-expected PPI YoY. As a result, USDTHB was able to hold firmly above 33.00. USDTHB Fundamental 11/9/26 Key Events Today | Forecast | Previous US: 19:30 CPI MoM | 0.4% | 0.1% US: 19:30 Core CPI MoM | 0.2% | 0.2% US: 19:30 CPI YoY | 3.4% | 3.4% US: 19:30 Core CPI YoY | 2.4% | 2.5% Today, the market will place the greatest focus on US CPI, as it is one of the key indicators the Fed will use to assess the inflation outlook ahead of the September 15–16 meeting. Headline CPI is expected to accelerate to 0.4% MoM, while Core CPI is forecast at 0.2% MoM. If the figures come in above expectations, it could increase expectations that the Fed will maintain or adopt a more restrictive monetary policy stance, which would be positive for the USD. Conversely, if Core CPI comes in below expectations, it would ease inflationary pressure and increase expectations for Fed policy easing, which could weigh on the USD. Overall, USDTHB is expected to remain highly volatile with a bullish bias, with the market primarily focusing on CPI, Core CPI, and the Fed's policy outlook. Technical 15M Bias: Bullish Price remains within an Ascending Channel and continues to form Higher Lows. If price can hold above 33.14, it could move higher to test 33.20 and 33.22. However, a break below 33.11 would signal that the bullish structure is beginning to weaken. Resistance: 33.20 / 33.22 Support: 33.14 / 33.11 Target: 33.20 → 33.22 Cut Loss: 33.11