‘The baht is the strongest’ in more than 7 months at 32.09 baht per dollar last week.

Ms. Kanchana Chokpaisarnsilp research executive Kasikorn Research Center revealed that the baht closed the market yesterday (Oct. 18) bahthit the highest level in more than 7 months at 32.09 baht per dollar before returning to close the domestic market at 32.16 baht per dollar Close to yesterday’s close at 32.18 baht per dollar.

The frame of baht appreciation decelerated partially at the end of the week. corresponds to the net sell positionThai stocksof foreign investors

As for the movement of the baht next week, it is estimated at 31.80-32.70 baht per dollar.

The important factors that must be monitored include: GDP numbersQ4/21 and the dataexportJanuary of Thailand the direction of foreign capital and the COVID-19 situation

while the important US economic numbers are the Consumer Confidence Index for February. new home sales durable purchase orders Sales contracts for homes pending sales personal income/spending and inflation as measured by the PCE/Core PCE Price Indices for Jan. 4Q21 GDP figures (prelim.) and the number of weekly unemployment claims

In addition, the market is waiting to follow.The situation in Ukraine The determination of the LPR loan interest rate of the People’s Bank of China Including preliminary data of the February PMI of the Eurozone, the UK and the US as well.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.