SCB sees the "baht" strengthening, moving at 37.35-37.65 baht.

Financial Markets Group Siam Commercial Bank (SCB Financial Markets) Evaluate the baht today, moving in the range of 37.35-37.65 baht/dollar (5 Oct. 2565)

The SCB specifies the following important factors:

– The baht has strengthened slightly due to profit-taking by investors and Asian markets that are beginning to recover.

– The value of the baht has strengthened. After the dollar weakened due to the release of weak economic data from the United States. And the falling bond yield also puts pressure on the dollar.

– The US stock market closed up more than 3% after the market relieved concerns about the Federal Reserve's (Fed) acceleration in raising interest rates due to weak economic data.

– Oil prices closed positive. It is expected that OPEC+ will reduce production at today's meeting.

– Gold closed higher as the dollar weakened and bond yields fell as factors supporting the market.

– Keep an eye on the US non-agricultural employment numbers this Friday.