KBank sees the baht value next week at 34.20-34.90 baht/dollar.

KBank sees the "value of the baht" next week at 34.20-34.90 baht/dollar, keeping an eye on the direction of foreign capital - statements from Fed officials.

6 Jan 67 Kasikorn Bank (Kbank) Looking at the framework of the movement Baht value next week (8-12 Jan. 67) at the level of 34.20-34.90 baht per dollar While the Kasikorn Research Center evaluatesImportant factors to follow Including signals of foreign capital and statements from Fed officials, whileImportant US economic numbers Including numbers of consumer inflation expectations. Consumer Price Index Producer Price Index December and the number of people applying for weekly unemployment benefits

In addition, the market is still waiting to follow data on the amount of Yuan-denominated lending. Consumer Price Index Producer Price Index December of China and the results of the South Korean Central Bank meeting as well.

in the past week The baht returned to its weakest level in more than a week at 1 baht per dollar. The baht weakened in line with most Asian currencies. While the dollar Gradually returned to recover. from facing strong selling pressure in the last business week of 34.74

In addition, there is an additional positive factor from the increase in US bond yields. After US economic data It came out better than market expectations, such as private sector employment numbers in December. and the number of people applying for weekly unemployment benefits

In addition, the dollar also received support. After the minutes of the Fed meeting on Dec. 12-13, 2566, and statements from senior Fed officials This reflects that there are signs that interest rate cuts are unlikely to happen quickly and that the US policy interest rate will remain high for a while to give the Fed confidence. US inflation will continue to slow and return to target levels.

On Friday, January 5, 2567, the baht closed at 34.72 baht per dollar, compared to 34.14 baht per dollar. On the previous Thursday (28 Dec. 2566) for the investment portfolio status of foreign investors between 2-5 Jan. 2567, foreign investors net sold Thai stocks of 2,088 million baht, but the status was Net Inflows into the Thai bond market of 12,537 million baht (net purchases of bonds of 13,038 million baht, deducting expired debt instruments of 501 million baht)