A treasury manager from Bank of Ayudhya revealed that the baht opened this morning at 36.03 baht/dollar, appreciated from yesterday evening at 36.16 baht/dollar, moving in line with regional and global currencies. After the dollar weakened as investors eased concerns about the Federal Reserve’s (Fed) interest rate hike and invested more in risky assets.
“The baht appreciated in regions and the world market. After the market has eased concerns about the Fed, it will go back to investing in risky assets,” the treasury said.
treasury Estimate the movement of the baht today at 35.90 – 36.15 baht / dollar, by keeping an eye on the direction of foreign capital.
THAI BAHT FIX 3M (7 July) is at 0.64357% while THAI BAHT FIX 6M is at 0.95311%.
important factor
The yen was at 136.09 yen/dollar from the evening close of 136.05 yen/dollar.
The euro was at $1.0175/euro from the evening close of $1.0206/euro.
– Thai baht/dollar exchange rate The BOT’s interbank weighted average stood at 36.190 baht/dollar.
– “Big Tu” sits at the head of the table discussing Prof. Big set, Ministry of Public Health, reports on epidemic trends.
– Chairman of the Federation of Thai Industries (FTI) revealed that the Thai baht closed on July 6 at 36.10 baht per US dollar. The weakest in more than six years. Thai baht is expected to depreciate to 37 baht against the US dollar following foreign capital outflows after the appreciation of the US dollar and the yuan. Therefore, the Bank of Thailand (BOT) must closely monitor and observe that Management needs to balance imports, exports and inflation in order to maintain the overall economy. The baht should not fluctuate too quickly. and must reflect the region
– “Thai BMA” expects the private sector to continue selling debentures to lock costs escape interest rates Expect to focus on longer lifespan Confident in this year’s offering value of 1.2 trillion, fund flow appraisal Flowing out of the Thai bond market continues
– Thai gold fell off 30,000 baht after world gold hit its lowest point in 9 months. ‘Mae Thong Suk’ indicates only short term. Still benefiting from a weak baht – interest rates have not accelerated. pointed out that buying pressure increased more than 7 times
– “Crypto My” joins hands with partners Launching the project “Metaverse” 15 July this month, revealing that this month investors returned to invest money in digital assets after June, the market was sluggish. Some investors withdrew 20% of their investment. Currently, there are 15 billion AUM.
The number of first-time claims for unemployment benefits rose 4,000 to 235,000 last week, the Labor Department said. That was the highest level since Jan. 15 and beat analyst expectations of 230,000.
– The US Department of Commerce said The US trade deficit fell 1.3 percent to $85.5 billion in May. Imports rose 0.6% to $3414 billion. while exports rose 1.2 percent to 2558 billion dollars.
– The president of the Federal Reserve Bank of St. Louis said the US economy will continue to expand this year. Although the Fed has accelerated to raise interest rates to curb inflation.
– The US dollar was slightly stronger against the major currencies in trading at the New York Stock Exchange on Thursday (July 7) before the U.S. Department of Labor released today’s non-farm payrolls. As the pound strengthened Responding to news of Boris Johnson’s resignation as British Prime Minister
– New York gold futures closed positive on Thursday (July 7), boosted by safe-haven orders. After the US released weak economic data. As investors keep an eye on the US non-farm payrolls figures for June, which are scheduled to be released today.
– Investors eyeing the release of US non-farm payroll numbers today. Analysts predict that Employment numbers will increase by just 250,000 in June. Below 390,000 positions in May The unemployment rate in June is expected to remain stable at 3.6%.
By InfoQuest News Agency (08 Jul 65)