A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 36.45 baht/dollar, slightly appreciating from yesterday evening when the market closed at 36.47 baht/dollar.
This morning, the baht strengthened slightly from yesterday’s market close. Because last night the US dollar fell after the Chairman of the US Federal Reserve (Fed) stated that US bond yields have increased in the past. The Fed may not need to raise interest rates. Therefore resulting in this morning The dollar is depreciating against most currencies.
The factor that must be followed during this period is the US bond yield. and the war situation in Israel
Money managers expect that today the baht will move in the range of 36.35 – 36.60 baht/dollar.
The latest SPOT is at the level of 36.44000 baht/dollar.
Important factors: The yen is at 149.92 yen/dollar from yesterday evening at 149.86 yen/dollar. The euro is at 1.0567 dollar/euro from yesterday evening at 1.0538 dollar/euro. Baht/dollar exchange rate. The BoT’s weighted interbank exchange rate is at 36.421 baht/Deputy Finance Minister dollar. Ordered the Fiscal Policy Office (FPO) to assess the impact from the Israel-Hamas war situation.
which affects the price of oil in the world market the world economic situation as well Therefore, we must watch closely to see if it expands. And is it prolonged or not?
In order to present the impact assessment report to the Prime Minister and the Finance Minister, there are 3 concerns: 1. The situation.
Will the conflict between Israel and Hamas last? 2. Will it spread to become a regional issue or not? 3.Stability of world energy prices
It cannot be denied that all of them will definitely have an impact on Thailand to some degree.
3 big banks’ 3Q23 profits grow more than 20% due to interest income soaring and reserves decreasing. “BBL” reaches 11.3 billion.
TB” 4.73 billion, Krungthai 10.2 billion
President of the Gold Traders Association It is expected that the Israeli war will push the price of gold to new highs continuously. In the next 2 weeks, it has already increased by 1,000 baht per baht, the Deputy Finance Minister said. Clarifies the conditions for giving away 10,000 baht of digital money without crystallization, including the source of the money. Moreover, it takes time to develop the app.
Top apps and test system security It is likely that the distribution will be postponed from 1 February 2024, but confirmed that it is still in the first quarter of 2024, ready.
Explain to the Prime Minister the reason for the delay.
The US Department of Labor revealed the number of first-time applicants for unemployment benefits fell by 13,000 to 198,000.
last week This was the lowest level in nine months and below analysts’ expectations of 210,000.
The president of the Federal Reserve (Fed) spoke at a meeting at the Economic Club of New York (Economic Club of New York).
York) yesterday night that The strong economic environment and tight labor market in the United States will be supporting factors for the Fed to raise rates.
interest rates again, along with saying that US inflation is still too high. And the Fed will remain committed to its commitment to keep inflation under control.
The Fed’s goal is a sustainable 2% level.
The U.S. dollar fell against major currencies in trading on the New York Forex Exchange on Thursday (Oct. 19).
c.) After investors absorbed the statement from Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), which stated that the Fed will use caution.
Be careful in implementing monetary policy in the future.
New York gold futures closed above the $1,980 level on Thursday (Oct. 19), supported by the depreciation.
of the dollar and as investors continue to purchase gold as a safe-haven asset. amidst the tense situation in the Middle East
Investors continue to keep an eye on the tense situation in the Middle East. Most recently, the US State Department issued a statement informing
Reminding Americans around the world to use caution. As the fighting between Israel and Hamas enters its 13th day, more and more people are affected.
Many injuries and deaths
2023-10-20 05:15:55
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