Central Investigation Bureau (CIB) Raids Luxury Penthouse in Pattaya Linked to Massive Payment System Scandal Involving Russian Gang – Nearly 100,000 Million Baht in Circulation
Central Investigation Bureau (CIB) raids luxury penthouse in Pattaya Meets Russian gang Illegally opened PAYMENT system and found nearly 100,000 million baht circulating in the system. Lieutenant General Jiraphop Phuridej, Commander of the Central Investigation Bureau (CIB), ordered the Economic Crime Suppression Division to arrest Mr. ALEXEY, 40 years old, Russian national. According to arrest […]
US Dollar Index Rises to Two-Week High Despite Market Expectations of Interest Rate Cuts
The US dollar index rose to a two-week high on Wednesday (3rd), even as market expectations that the Federal Reserve (Fed) would cut interest rates six times this year were questioned, investors continued to take profits from short jobs in the United States. accumulated dollar at the end of the last year. In late New […]
US Dollar Index Recovers Slightly from 5-Month Low, Market Anticipates Fed Rate Cuts in 2024
The US dollar index rose slightly on Friday (29th), recovering from a five-month low in the last two trading days of 2023. The weekly and quarterly lines are still closing in the black, and recorded the worst annual performance since 2020 , as the market expects the Federal Reserve to start cutting interest rates next […]
Kasikorn Bank Predicts Baht Movement for the First Week of 2024
Economic news 10:19 am 2023-12-29 Kasikorn Bank (KBANK) sees the movement of the baht next week (2-5 January 2024) at the level of 33.80-34.50 baht / dollar from the market closing on Thursday, 28 December 2023 at the level of 34.16 Baht / Dollar, with factors important things that need to be monitored include the […]
Strong US Job Growth Accelerates USD/JPY Recovery and Boosts Dollar
US Dollar Strengthens as Non-Farm Payrolls Beat Expectations The US dollar saw gains on Friday (8th) following the release of the latest non-farm payrolls data, which showed strong job growth in November and a decrease in the unemployment rate. This positive news boosted the USD/JPY pair, with the Yen weakening and moving back below 144. […]
New Taiwan Dollar Trends Weak Due to Rebound of US Dollar Index
The New Taiwan Dollar Weakens Against US Dollar US Dollar Index Rebound Leads to Depreciation Today, the New Taiwan dollar trended weak against the US dollar, closing at 31.493 yuan, which reflects a depreciation of 7.8 cents, or 0.25%. The transaction value of Taipei Foreign Exchange Brokerage Company reached US$1.005 billion. Jiongmin, director of the […]
US Dollar Falls as Employment Drops: November Economic Overview
US Dollar Index Falls as Economic Slowdown Looms The latest economic data from the United States has revealed stable business activity in November, but a decline in private sector employment. This is consistent with market expectations for an economic slowdown in the fourth quarter. As a result, the US dollar index fell on Friday (24th), […]
US Dollar Weakens Due to Unexpected Rise in Unemployment Claims; Expected to Impact Interest Rates
US Dollar Steadies After Unexpected Surge in Unemployment Claims Following the surprising increase in the number of people claiming unemployment benefits in the United States, the US dollar index initially weakened during trading on Thursday. However, the index managed to recover its decline and held steady in late trading, indicating a level of resilience in […]
The US Dollar Index Retreats as Fed Signals Interest Rate Hike Completion
The US Dollar Index Retreats from One-Month High as Fed Speech Signals End to Interest Rate Hikes In late New York trading on Wednesday (1st), the US Dollar Index (DXY) experienced a slight decline of 0.03% to 106.63, after reaching a one-month high earlier in the day. This retreat was attributed to investors interpreting Federal […]
US Dollar Index Drops to Lowest Level in Two Weeks as Treasury Yields Fall
US Dollar Index Falls to Two-Week Low as Treasury Yields Drop On Monday, the US dollar index reached its lowest level in nearly two weeks as US Treasury yields fell from above 5%. The ICE US Dollar Index (DXY), which tracks the US dollar against six major currencies, fell 0.52% to 105.61, marking its lowest […]
