The Impact of Political Factors on the Direction of the Thai Baht: A Currency Market Guru’s Assessment
Political Factors Expected to Influence Thai Baht In an analysis by Mr. Poon Panichphiboon, an analyst in the Trading Room of Krung Thai Bank, it was revealed that Thai politics will play a significant role in determining the direction of the Thai baht in July. The outcome of the selection of a Prime Minister and […]
Global Stock Markets Plunge Amid Rising Concerns of Interest Rate Hikes
The Global Stock Market Plummets: Concerns About Rising Interest Rates Shake Investors By Jia Sophon and Praewwanwanich In a shocking turn of events, the world stock market has experienced a dramatic plunge, leaving investors in a state of distress. The primary cause of this turmoil stems from mounting anxieties over the potential rise in interest […]
Keep an eye on the “baht” how much it varies next week!
Factors affecting the value of the baht part of the external factors The baht is likely to move in line with the direction of the dollar and gold prices, which must wait for the release of important US economic data such as the ISM Purchasing Managers’ Index (Services PMI), in as well as the number […]
