A money manager from the Bank of Ayudhya revealed that the baht opened this morning at 34.72 baht/dollar after the evening market closed. Yesterday at the level of 34.86/88 baht/dollar.
The baht strengthens against the market following the weakening US dollar After last night the United States Announcement of GDP numbers for the 3rd quarter, adjusted down from the previous announcement. As a result, the dollar weakened against most currencies.
money manager The baht’s movement range is estimated today at 34.60 – 34.90 baht/dollar, which must be followed tonight. Personal Consumption Expenditure (PCE) Price Index, November
The latest SPOT is at the level of 34.68750 baht/dollar.
- Important factors
- The yen was at 142.34 yen/dollar from 143.10 yen/dollar yesterday evening.
- The euro was at 1.0999 yen/dollar from 1.0950 dollars/euro yesterday evening.
- Baht/dollar exchange rate The BoT’s interbank weighted average is at 34.943 baht/dollar.
- Treasury” explains that R&I maintains Thailand’s credit rating at A-, keeping an eye on government policy after the population birth rate decreases and aging increases.
Hopefully it will be a long-term budget burden.
- TAT joins hands with the private sector to organize “Amazing Thailand Countdown 2024” across the country to welcome New Year’s Day 2024 with a big event.
Under the Thailand Winter Festivals project, increase momentum to stimulate tourism at the end of 2023, responding to soft power policies and pushing the image
Bangkok style It is a world-class landmark and countdown point.
- The US Department of Commerce released its third estimate of GDP for the third quarter of 2023, stating that US GDP
expanded 4.9%, which was lower than analysts’ estimates of 5.1%, while the first and second estimates were at 4.9%.
and 5.2% respectively
- The US dollar weakened against major currencies in trading on the New York Forex Exchange on Thursday (Dec. 21).
c.) After the United States revealed figures for gross domestic product (GDP) that expanded lower than expected in the 3rd quarter of 2023, which may result in the bank
The Federal Reserve (Fed) has stopped raising interest rates. and begin reducing interest rates next year. Meanwhile, investors keep an eye on the disclosure of the usage price index.
Pay for Personal Consumption (PCE), which is the inflation data that the Federal Reserve (Fed) focuses on
- New York gold futures closed positive on Thursday (Dec. 21), supported by the weakening of the dollar and the outlook.
It is seen that the US economy expanded lower than expected in the 3rd quarter of 2023, causing the US Federal Reserve (Fed) to stop raising interest rates and
Start cutting interest rates next year.
- Investors will be keeping an eye on today’s release of the US Personal Consumption Expenditures (PCE) Price Index. by analysts expected
The Headline PCE index, which includes food and energy categories, is expected to increase 2.8% in November year-on-year.
from 3.0% in October. As for the Core PCE Index (Core PCE), which does not include the food and energy categories. Expected to increase 3.4%
In November, year-on-year, from 3.5% in October.
2023-12-22 04:34:18
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