SCB Financial Markets Group Siam Commercial Bank (SCB Financial Markets) Thai baht value as of May 16, 2023 – stock dimensions

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 against a basket of currencies. After hitting the highest point in 5 weeks
• Investors wait for news about 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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