Foreign and Domestic Factors Shaping the Thai Stock Market
Foreign Factors Impacting the Thai Stock Market Date: September 5, 2022 Factory Orders in July The market expects a decrease of -2.5% month-on-month (mm) from the previous growth of 2.3% mm. However, durable goods orders are not expected in July. Service Sector PMI (ISM) On September 6, the service sector Purchasing Managers’ Index (ISM) is […]
Baht Expected to Weaken Next Week Due to Dollar’s Strength and Chinese Yuan’s Direction
Future Direction of Baht Depends on External and Domestic Factors Market Analysts Predict Baht to Weaken Next Week According to Mr. Poon Panichphiboon, Analyst in the Trading Room of Krung Thai Bank, the baht is likely to weaken next week. Despite the baht’s momentum of depreciation being weaker than expected, the pressure on the weaker […]
The US Dollar Remains Below 145 Yen as Bond Yields Stabilize
US Dollar Trades Below 145 Yen in Tokyo Market In the Tokyo market today (Aug. 21), the US dollar experienced a decline below 145 yen following a halt in the rise of long-term US government bond yields, as reported by the Kyodo news agency. Dollar-Yen Exchange Rates New York Market: 145.35-145.45 yen Tokyo Market (5:00 […]
Unilumin Ranked #495 on GY Brand’s List of Asia’s 500 Most Valuable Brands 2023
Unilumin Recognized as One of Asia’s Most Valuable Brands GYBrand, a reputable global brand valuation research organization, recently released its highly anticipated list of “Asia’s 500 Most Valuable Brands 2023.” Among the esteemed companies on this prestigious list is Unilumin, a leading LED company from China. Ranked at an impressive #495, Unilumin boasts an estimated […]
Yuan Weakens Against the US Dollar as China Imposes Trading Limit
China’s Yuan Weakens Against US Dollar The China Foreign Exchange Trading System (CFETS) has reported that the yuan’s midpoint weakened by 0.0130 yuan to 7.2098 against the US dollar today. This move comes as China works to maintain stability in its foreign exchange market. Foreign Exchange Market Regulations According to the Xinhua news agency, the […]
The Baht Appreciates Against the Dollar, Expected to Remain Stable Within a Range
Baht Strongens Against US Dollar as Market Remains Volatile The baht started the trading day on June 29, 2023, at an encouraging rate of 35.60 baht per dollar, displaying appreciation from the previous day’s closing rate of 35.64 baht per dollar. The baht is expected to fluctuate between 35.45-35.75 baht per dollar today. According to […]
Baht Remains Depreciating as Investors Seek Safe Assets Amid Russian Political Situation
Baht Stable Against US Dollar Despite Global Economic Uncertainty This morning, the baht opened the market at 35.22 baht/dollar, remaining stable from Friday’s decrease of 35.23 baht/dollar, according to a money manager from the Bank of Ayudhya. However, the baht’s value is expected to depreciate further due to several key factors. The recent strengthening of […]
Bank of Ayudhya Expects Baht to Move within 34.90-35.50 Range Next Week, with Key Factors to Watch
Bank of Ayudhya Forecasts Baht’s Movement and Risk Factors The Bank of Ayudhya has predicted that the baht will move within a range of 34.90-35.50 baht per US dollar next week. To determine the direction of the baht, it is advised to closely monitor the views of US Federal Reserve officials, US Personal Consumption Expenditure […]
The Baht Depreciates and Faces Volatility: Expert Predictions for June 21, 2023
Baht Depreciates, Potential for Gradual Appreciation June 21, 2023 The Thai baht opened today at 34.84 baht per dollar, depreciating from the previous day’s closing level of 34.74 baht per dollar. Analysts predict that the baht may depreciate further due to weakening momentum. However, the resistance zone of 34.80-34.90 baht per dollar could prevent significant […]
The value of the baht opened today, June 16, 2023, at 34.60 baht per dollar, appreciating.
The baht opened today, June 16, 2023, at 34.60 baht per dollar, appreciating from the end of the previous day at 34.81 baht per dollar. Check out the baht frame today. It is expected to be at 34.50-34.70 baht per dollar. In the period before the result of the BOJ meeting is recognized and it […]
