The baht moved in a narrow frame. The market lacks new supporting factors. During the day, the movement is in the frame of 29.90-29.97 baht / US dollar.
Foreign exchange department Bangkok Bank reports that the market movement of the foreign exchange on Thursday, January 7, 2021, the baht market opened this morning (7/1) at 29.91 / 93 baht / US dollar. Weakened slightly from Wednesday’s close (6/1) at 29.88 / 90 baht / US dollar.
The US dollar appreciated slightly. From the report that Mr. Rafael Warnock and Mr. Joan Ossoff of Democrats. Won the Senate Senate Second Round in Georgia As a result, Democrats can dominate the entire White House. Senate and House of Representatives
This will help Joe Biden’s administration that the US President can issue measures as planned. This includes a new round of stimulus measures to mitigate the effects of the COVID-19 outbreak.
Although earlier reports of supporters of President Donald Trump have raided the US Capitol. As a result, Congress temporarily suspended Biden’s announcement of victory. And the police gave the custody of Vice President Mike Pence, who chaired the announcement of the election results.
Washington Mayor Muriel Bowser announced an extension of the Washington curfew by 15 days until Joe Biden’s inauguration ceremony was passed and asked soldiers from the armed forces. The National Guard pinned forces to keep Washington safe.
As for the US economic data released tonight (6/1), the US private sector employment figures dropped 123,000 jobs in December. This is the first drop since April. And contrary to analysts, an 88,000 increase is expected due to the impact of the lockdown measure. Which caused the business sector to close and lay off large numbers of employees
The IHS Marquit revealed that the final US Services Purchasing Managers Index. Dropped to 54.8 in December. This is the lowest level in three months from 58.4 in November. It was affected by the slowdown in new orders.
During the day, the baht moved within the range of 29.90-29.97 baht / US dollar. Before closing at 29.98 / 30.00 baht / US $
For the movement of the euro The euro opened the market today morning (7/1) at 1.2332 / 35 USD / EUR. Sustained from Wednesday’s close (6/1) at 1.2330 / 32 USD / EUR. Investors continue to monitor the COVID-19 epidemic. In Europe and the UK Although news of the European Medicines Agency (EMA) last night and the European Commission (EC) announced approval of the novel coronavirus vaccine, Of Miederna, Inc., which raised hopes that Europe could control the spread of COVID-19.
The economic figures released tonight (6/1) were the Eurozone Final Services Purchasing Managers Index. Rose to 46.4 in December After touching the 41.7 level in November. Which is the lowest level since May It was affected by the slowdown in employment and new orders.
And the UK Services Purchasing Managers Index Increased to 49.4 in December from 47.6 in November. During the day, the euro moved within the frame between 1.2279-1.2375 US Dollar / Euro And closed at 1.2282 / 86 USD / EUR.
For the movement of the yen The yen opened today morning (7/1) at 103.04 / 05 yen / United States dollar. Adjusted from the close level on Wednesday (6/1) at 102.83 / 84 yen / US dollar by today (7/1) Mr. Yoshihide Suga, Prime Minister of Japan. Declare a state of emergency in Tokyo It also approved more stringent measures to combat the COVID-19 epidemic.
The emergency declaration, which will take effect for one month, asks residents to stay indoors and calls on businesses including restaurants, entertainment venues and shopping malls to stop serving alcohol at 7:00 p.m. And closes at 8.00 PM.
During the day, the yen moved within the frame between 102.94-103.47 Yen / US Dollar And closed at 103.43 / 46 yen / US dollar.
For the main economic index this week is the German factory orders. November (7/1), Eurozone retail sales November (7/1), Eurozone Consumer Price Index (CPI) December (7/1), US Weekly Unemployment Employee Figures (7/1), US Services Purchasing Managers Index Month December By ISM Institute (7/1),
Germany Industrial Production Index for November (8/1), Euro zone unemployment figure. November (8/1), US unemployment figure for December (8/1), US non-farm employment figure last month (8/1).
The hedging rate (Swap point) for the 1-month morning in the country was 0.45 / 06 satang / US $. And the hedging rate in the morning for 1 month, abroad at -0.85 / -0.3 satang / US dollar
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