USDTHB Eyes BoT DecisionUSD/THBOANDA:USDTHBYES_Group- Yesterday Recap | 25/8/26 Yesterday, USDTHB closed at 32.72 in the Thai market. Meanwhile, U.S. economic data came in slightly weaker than expected, with Building Permits at 1.433M, CB Consumer Confidence at 89.4, and New Home Sales at 607K, all below expectations. This kept the USD under pressure, while USDTHB remained range-bound. Fundamental | 26/8/26 Key News Today | Forecast | Previous TH: 14:00 — BOT Interest Rate Decision: 1.00% | 1.00% US: 19:30 — Core PCE YoY: 3.3% | 3.3% US: 19:30 — PCE MoM: 0.1% | -0.1% US: 19:30 — GDP QoQ (Q2): 1.5% | 1.5% USDTHB is expected to move within a volatile range with a slight downside bias, as the market focuses on the Bank of Thailand’s interest rate decision this afternoon and key U.S. economic data tonight, particularly Core PCE, an important inflation indicator closely watched by the Fed. On the domestic side, if the BOT adopts a dovish stance or signals a potential rate cut, this could weigh on the Thai Baht and support USDTHB. However, if the BOT takes a more hawkish stance than expected, it could support the Baht and limit the upside potential of USDTHB. Tonight, if Core PCE or GDP comes in above expectations, it would suggest that U.S. inflation and economic growth remain strong, which could support the USD and create room for USDTHB to move higher. Conversely, weaker-than-expected data could weigh on the USD and support the Thai Baht. Overall, USDTHB is expected to remain Sideway to Sideway Down / Slightly Bearish, with key factors being the BOT rate decision, U.S. Core PCE, and GDP, which could trigger increased volatility around the data releases. - Technical Analysis Bias: Sideway Down / Slightly Bearish USDTHB remains below the key moving averages, while the price has been unable to break above the 32.80 resistance level. The short-term structure is also beginning to form a Lower High. A break below 32.65 could open the door for further downside. Resistance: 32.80 A key resistance level. If broken, it would reduce the downside pressure and could lead to a move toward 32.86. Support: 32.65 A key support level. If broken, the pair could continue moving lower. Target: 32.65 Cut Loss: 32.81 If the price moves back above 32.80–32.81, the Sideway Down structure would be invalidated, increasing the possibility of a further rebound.