Ms Kanchana Chokpaisarnsilp research executive officer Kasikorn Research Center It revealed today (January 20), that the baht strengthened to test the level of 32.70, which is the strongest level in 10 months before returning to close the market at 32.78 baht per dollar. Compared to yesterday’s close at 33.04 baht per dollar.
bybaht appreciationUp in line with most currencies in the region. Especially the yuan along with the dollar There is still a lack of sustained support. After the market estimates that the recently released US economic data emphasizes the likelihood that the Fed will raise the policy rate by only 0.25% at the end of the January meeting.
In addition, the market returned to waiting for the Thai interest rate signal from the results.MPC meeting Next week (25 January) close
anyway bahtThere is an appreciation trend today. Although foreign investors have a net short position on bonds andThai Stocks 13,831 million baht and 2,874.83 million baht respectively
for movingbahtExpected next week (23-27 January) at 32.50-33.00 baht per dollar.
while Kasikorn Research Center Assess important factors to monitor, such as the results of MPC meetings, the direction of foreign capital and the movement of Asian currencies.
Although the key US economic numbers include the purchase of durable goods. new home sales Number of contracts for house sales pending completion of sales Inflation calculated from PCE Price Index / Core PCE December 4Q22 GDP Sentiment Index (1st time) and consumer inflation expectations for January and the number of weekly unemployment benefits
In addition, the market is also waiting for the (preliminary) PMI for the Eurozone, UK and US month as well.
Read proof…. Sure Silawong
