2023-07-21 17:32:47
A money manager from Bank of Ayudhya revealed that the baht opened this morning’s market at 33.85 baht / dollar, strengthening from yesterday’s close at 34.04 baht / dollar.
This morning, the baht appreciated once morest other regional currencies. and is the strongest in the past 2 months due to factors city in Thailand itself After yesterday, Mr. Pita Limcharoenrat far-reaching party leader Cannot be nominated for the Prime Minister’s vote. The minister can appear at the parliamentary meeting for the second time, causing the market to see that it is another political party that has the opportunity to become the government instead.
“Baht is strong in the market Probably because the market sees the clarity of the political direction. When Phitha is not prime minister, the market sees that it will be another party instead. which is likely to be a more market friendly party,” said the treasury.
Money managers expect the baht to move today in a range of 33.80 – 34.10 baht/dollar. the political situation in the country continuously While foreign factors tonight, wait and see, the US will report the number of weekly jobless claims.
The latest SPOT is at 34.01500 baht / dollar.
Key Factors The yen was at 139.17 yen/dollar from yesterday evening at 139.76/79 yen/dollar, the euro was at 1.1227 dollars/euro from yesterday evening at 1.1229/1233 dollars/euro, the baht/dollar exchange rate. The Bank of Thailand’s interbank weighted average is at 34.058 baht / dollar, closing the scene.
Thailand set up a government “One Nor” appointment to nominate a new prime minister on July 27.
“Asia Plus Securities” points out that the political picture is becoming clearer. “Pheua Thai Party” has the opportunity to form a government. After the council meeting, there was a resolution not to propose
Phitha’s name voted for the 2nd round of Prime Minister, believed to support fund flow inflows Expect to reclaim “hundred billion” in the second half of the year if the daily trading value reaches 50 billion continuously.
But must keep an eye on “rally outside the council”
The Bank of Thailand sees inflation as a temporary decline. indicates that there is a chance to go up following the recovery of the service sector reiterates the need to raise interest rates in order to build
Bumper supports new shocks. Ready to be confident that there is no bad debt problem. Do not believe in NPL cliffs reveals plans to issue measures to alleviate household debt this Friday
The People’s Bank of China (PBOC) decided to keep the one-year prime customer loan (LPR) rate at 3.55%.
5-year LPR interest at 4.20%, in line with most analysts’ expectations.
Many analysts in the financial markets predict that China may offer more limited and targeted stimulus amid fears further rate cuts will widen the Sino-U.S. rate gap and put further pressure on it. up once morest the yuan
The Pound Depreciated Against the US Dollar In trading at the New York Foreign Exchange Market on Wednesday (July 19), following
From England reveals inflation numbers slowing down. This may result in the Bank of England delaying interest rate hikes. while the yen depreciated
down following the governor of the Bank of Japan (BOJ) signaled to move forward with monetary easing.
The dollar was stronger once morest the yen at 139.6080 yen from 138.8750 yen.
once morest the Swiss franc at 0.8587 francs from 0.8576 francs and appreciated once morest the Swedish krona at 10.2645 ko.
from 10.2135 krona, but the dollar was weaker once morest the Canadian dollar at 1.3160.
from the level of 1.3174 Canadian dollars
New York gold futures closed flat on Wednesday (July 19), as investors eyeed US economic data, including the
The Federal Reserve (Fed) monetary policy meeting next week.
US economic data today released weekly jobless claims, July Fed manufacturing index from Philadelphia.
Lafia, June home sales and Leading Economic Index for June from the Conference Board.
Investors keep an eye on the Fed’s monetary policy meeting on July 25-26, while data from CME’s FedWatch Tool
The group indicated that investors weighed 99.8% that the Fed would raise interest rates by 25 basis points to a range of 5.25-5.50% at the meeting, which would be
The last interest rate hike of the year.
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