Thailand Baht Weakens to 6-Month Low at 36.84 Baht per Dollar Before Recovering to 36.65 Baht: Expert Analysis from Kasikorn Research Center

Thailand Baht Weakens to 6-Month Low at 36.84 Baht per Dollar Before Recovering to 36.65 Baht: Expert Analysis from Kasikorn Research Center

The baht touched its weakest level in 6 months at 36.84 before returning to close at 36.65 baht per dollar. Compared to yesterday’s market closing level of 36.71 baht per dollar. Kasikorn Research Centerstated that the baht movement fluctuated It weakened in the morning amid strong buying of the dollar. As a safe-haven currency, it … Read more

US Department of Commerce Reveals Core PCE Inflation Data, Impact on Gold Prices and Investment Strategy

US Department of Commerce Reveals Core PCE Inflation Data, Impact on Gold Prices and Investment Strategy

– US Department of Commerce Revealing the Price Index for Basic Personal Consumption Expenditures (Core PCE) for December. The PCE Index is considered a measure of inflation that can detect changes in consumer behavior. and covers the prices of goods and services more broadly than the Consumer Price Index (CPI). which reveals US inflation data … Read more

Kasikorn Bank Predicts Baht Movement and Economic Factors for Next Week – Jan. 22-26, 2024

Kasikorn Bank Predicts Baht Movement and Economic Factors for Next Week – Jan. 22-26, 2024

Economic news 10:09 a.m. 2024-01-20 Kasikorn Bank (KBANK) views the movement of the baht next week (22-26 Jan. 2024) at the level of 35.00-35.80 baht per dollar. Meanwhile, the Kasikorn Research Center assesses important factors that need to be monitored, including: Export figures for December of Thailand, signals of foreign capital, results of the BOJ … Read more

Baht to Dollar Exchange Rate Update: 26 Dec. 2023 Analysis and Forecast

Baht to Dollar Exchange Rate Update: 26 Dec. 2023 Analysis and Forecast

Mr. Poon Panitchpibun, money market strategist, Krungthai GLOBAL MARKETS, Krungthai Bank, revealed that the baht opened this morning (26 Dec. 2023) at the level of 34.57 baht per dollar. “Appreciated a little. Hardly changed.”from the previous day’s closing level of 34.58 baht per dollar. and look at the baht frame today It is expected to … Read more

Kasikorn Bank: Baht Movement Forecast and 5 Important Factors for Next Week

Kasikorn Bank: Baht Movement Forecast and 5 Important Factors for Next Week

KBANK views the movement of the baht at the level of 34.20-34.90 baht per dollar next week (25-28 Dec.). The Kasikorn Research Center recommends following 5 important factors. Kasikorn Bank views the movement of the baht at the level of 34.20-34.90 baht per dollar next week (25-28 Dec.)On Friday, December 22, 2023, the baht closed … Read more

Baht Strengthening as Yuan Surges: Market Update and Forecast for Tomorrow’s Movement

Baht Strengthening as Yuan Surges: Market Update and Forecast for Tomorrow’s Movement

Miss Kanchana Chokpaisansin Research Executive, Kasikorn Research Center Company Co., Ltd. revealed that the baht today (18 Oct. 2023) closed the market at 36.30 baht per dollar. Compared to yesterday’s market closing level of 36.40 baht per dollar. The baht strengthened following sentiment regarding the Yuan, which benefited from China’s 3Q23 GDP numbers that came … Read more

United States Launches Chip War with China: Rules to Block Out Subsidy Cycle

United States Launches Chip War with China: Rules to Block Out Subsidy Cycle

The United States launches a “chip” war with China, issuing rules to block it. Out of the subsidy cycle I TNN Hours of making money I 25-09-66 . Tracking factors 1. The United States opens a “chip” war with China, issuing rules to block Out of the subsidy cycle 2. The yen depreciated to the … Read more

Baht Value Strengthening and Factors Affecting the Market: Analysis and Predictions

Baht Value Strengthening and Factors Affecting the Market: Analysis and Predictions

Mr. Poon Panitchpibun, money market strategist, Krungthai GLOBAL MARKETS, Krung Thai Bank revealed that the baht opened this morning (19 Sep. 2023) at the level of 35.67 baht per dollar. “Appreciated” from the previous day’s closing level of 35.72 baht per dollar. and look at the baht frame today It is expected to be at … Read more