2012.05.04 03:54:05 MARKET TALK: USD/THB Tad Higher; Resistance Eyed At 31.00

0154 GMT [Dow Jones] The USD/THB is slightly higher at 30.93-30.95, from 30.925-30.94 late Thursday in Asia, as importers continue to accumulate the greenback for fear of further gains. However, dollar selling orders placed by exporters at THB30.95 and higher are expected to help cap upside, says a dealer at a local bank. "The dollar/baht is likely to head towards resistance at 31.00 today. Its direction early next week hinges on U.S. nonfarm payrolls data (due later in the global day)," he adds. Support is pegged at 30.85. (oranan.paweewun@dowjones.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires May 03, 2012 21:54 ET (01:54 GMT)