Kasikorn Bank Predicts Baht Movement for the Week of December 4-8
Kasikorn Bank Predicts Baht Movement for Next Week Kasikorn Bank (KBANK) has forecasted the movement of the baht for the upcoming week, setting the range at 34.50-35.50 baht/dollar. This prediction comes after the market closing on Friday, December 1, 2023, which saw the baht at 35.09 baht/dollar. The bank highlighted several important factors to watch, […]
Baht Depreciates Slightly as Market Players Await New Factors
Baht Depreciates Slightly Against the Dollar By: Professional Journalist Mr. Poon Panichphibun, money market strategist at Krung Thai Bank, revealed this morning (21 November) that the baht opened at 35.18 baht per dollar, showing a slight depreciation from the previous day’s closing level of 35.13 baht per dollar. It is expected to fluctuate between 35.00-35.30 […]
Baht Weakens Slightly Against Dollar as Bond Yields Rise: Market Outlook
Baht Weakened Slightly Against the Dollar Mr Poon Panitchpibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the value of the baht opened this morning (7 November 2023) at a level of 35.53 baht per dollar, slightly weaker than the previous day’s closing level of 35.49 baht per dollar. The […]
Stock Market Falls Amid Concerns about Interest Rate and Israel-Hamas War: Deputy Minister of Finance
Economic News: Stock Market Index Falls Amidst Interest Rate Differences Published on October 19, 2023, at 4:18 pm Government Official Highlights Concerns Over Stock Market Decline The Deputy Minister of Finance, Mr Chulapan Amornvivat, has expressed concern over the significant decrease in the stock market index in recent times. He closely monitors the situation and […]
The Baht’s Value Fluctuates as Market Players Await US CPI Inflation Report: Analysis and Predictions
Baht Opens Slightly Weaker, Expected to Remain Stable Ahead of US CPI Report Market Strategist Forecasts Baht Range Mr Poon Panichphibun, the money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the baht opened this morning at 36.43 baht per dollar, showing a slight depreciation from the previous day’s closing level […]
Baht Value Expected to Strengthen Amid US Economic Data Reports
Mr Poon Panichphibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the baht has appreciated against the dollar, with an opening value of 36.95 baht per dollar this morning (5th October 2023), compared to the previous day’s closing level of 37.07 baht per dollar. The baht is expected to range […]
Baht Weakens as Dollar and Gold Prices Rise: Forecast for Further Depreciation
Baht Weakened Against Dollar Following US ISM PMI Index Report October 3, 2022 Mr. Poon Panichphibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the baht opened this morning at 37.07 baht per dollar, weakened from the previous day’s closing level of 36.96 baht per dollar. The baht is expected […]
Inflation in Germany fell significantly in September
The inflation rate fell sharply in September. This trend is likely to continue, say experts. The German inflation rate fell significantly in September. This was explained by the Federal Statistical Office. Consumer prices were 4.5 percent higher than in the same month last year – after 6.1 percent in August, as the Federal Statistical Office […]
Baht Weakens as Dollar Strengthens and Market Volatility Rises: Expert Analysis
Mr. Poon Panitchpibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, announced that the baht opened this morning at 36.42 baht per dollar, showing a slight weakening from the previous day’s closing level of 36.36 baht per dollar. It is anticipated that the baht will range between 36.30-36.50 baht per dollar before the […]
Government Bond Yields Surge in Europe and US, Reflecting Inflation Concerns
Government bonds have experienced a downward trend both in Europe and the United States, as reported by Bloomberg news agency. This decline can be attributed to investors’ evaluation of the Federal Reserve’s interest rate policy in their efforts to manage inflation. Notably, the yield on German government bonds, specifically the German 10-year Bond Yield, has […]
