Ms. Kanchana Chokpaisarnsilp research executive Kasikorn Research Center revealed that the baht closed today (September 10) at 32.66 baht per dollar. Appreciated against the opening level of 32.72 baht per dollar.
The baht appreciated slightly at the end of the week in line with the direction of the yuan and other Asian currencies, after news reports suggested that US President Joe Biden. Had a telephone conversation with the President. China’s Xi Jinping which caused some markets to interpret that It may be a sign that reflects the good relationship between the two countries.
while the dollar Facing pressure from the shortening of the long-term US bond yield and signaling the level of asset purchases through the European Central Bank (ECB) emergency asset purchase program.
As for the movement of the baht next week, it is estimated at 32.50-33.00 baht per dollar.
while the important factors that must be monitored include foreign investment flows. and the COVID situation in Thailand While important US economic numbers include the consumer price index. Import/Export Price Index industrial production data August retail sales New York Fed and Philadelphia Fed Manufacturing Survey Consumer Confidence Index (preliminary) for September and the number of weekly unemployment claims In addition, the market is waiting to follow the house price index. unemployment rate, retail sales, industrial production and the number of investment in fixed assets in August of China as well
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