2023-05-16 01:46:30
Market update by SCBFM: 16 May 2023
- Financial Markets Group Siam Commercial Bank Today’s valuation of the baht moved within a range of 33.55-33.85 baht/dollar.
- The US dollar index fell once morest a basket of currencies. After hitting the highest point in 5 weeks
- Investors wait for news regarding the US government debt ceiling problem. amid concerns that The US government may default on its debt if the problem is not resolved.
- Federal Reserve officials signaled on Monday that Interest rates will continue to remain high. or may be adjusted even higher Because inflation is still difficult to fall. Market traders expect a 79.9% chance the Fed will hold interest rates.
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