2023-07-07 02:46:29
Market update by SCBFM: 7 July 2566
Financial Markets Group Siam Commercial Bank Today, the baht is expected to move within the range of 35.10-35.35 baht / dollar. The dollar strengthened following the US private sector employment report, or ADP, was much higher than expected at 497,000 positions, the highest in the year. Pushing US bond yields higher in line with expectations that the US Federal Reserve (Fed) will raise interest rates by 25 bps later this month, following the key US non-farm payrolls today. Markets expect the number to increase by 225,000 from 339,000 in May.
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