SCB sees "the baht" moving at 33.65-33.95 baht today.

620

Financial Markets Group Siam Commercial Bank (SCB Financial Markets) Estimate the value of the baht today, moving in the range of 33.65-33.95 baht/dollar (5 Jan. 2566)

The SCB specifies the following important factors:

– The US dollar fell on Wednesday. After the US Federal Reserve (Fed) agreed that it might slow down the pace of raising interest rates.

– The US Federal Reserve (Fed) reveals minutes of policy-setting meetings. and did not provide any new information about the size of the interest rate increase at the next meeting.

– Keep an eye on the December non-agricultural employment figures that the US Department of Labor will report on Friday. If employment numbers are at a strong level Such factors will give the Fed an opportunity to continue raising interest rates.





Money & Banking Magazine