USDTHB Market Analysis: The Baht is facing significant downward pressure following the escalation of conflict between the US/Israel and Iran, including the death of the Iranian leader. This geopolitical instability has sparked a “flight to safety,” driving Gold prices up over 2% to $5,390/oz and boosting the Dollar Index to 98. Oil prices have surged […]
USDTHB Market Analysis: The Baht has shifted back toward a slight weakening trend following a sell-off in the Thai stock market this morning and a net selling of 1,470 million Baht in 10-year government bonds. This comes despite lower-than-expected U.S. jobless claims indicating a robust labor market; however, the market’s response to this positive U.S.
USDTHB Market Analysis: The U.S. indices closed higher, yet the Dollar remains weak with the DXY dropping from 98.00 to 97.5. Locally, the Bank of Thailand’s surprise 4-to-2 vote to cut rates to 1.00% has weakened the Baht. Eyes are on tonight’s Jobless Claims; a higher-than-expected figure could further dampen the Dollar. ดัชนีดาวโจนส์และ S&P500 ปิดบวกแต่ดอลลาร์ยังอ่อนค่า
USDTHB Market Analysis: The US Consumer Confidence index hit a strong 91.2, but the Dollar remains pressured by tariff concerns and geopolitical tensions. Following the news, a “sell on fact” reaction occurred as investors pivoted toward Gold as a safe haven amid RU and IR uncertainties. Locally, the Baht is strengthened by net inflows of
USDTHB Market Analysis: The US 10-year Treasury yield recovered during last night’s close after a sharp drop fueled by Tariff policy concerns. It appears the market has already priced in the 15% tariff level. This morning, the Thai Baht shows signs of slight weakening following a sell-off in the Thai stock market (down over 5
USDTHB Market Analysis: The Thai stock market rose 15 points in response to Trump’s new 15% global tariff under Section 122, which effectively replaces a previous 19% deal, easing some trade pressure. Despite the immediate retaliatory move by the U.S. following court rulings on Feb 21-22, the Baht has strengthened as the lower-than-expected tax rate
USDTHB Market Analysis: The Baht experienced a slight recovery following a “panic sell” during the recent holiday period. Despite the NESDC reporting GDP figures that exceeded expectations, the overall growth rate remains low, exerting downward pressure on the Baht during this morning’s session. เช้านี้เงินบาทปรับตัวอ่อนค่าลงเล็กน้อย แม้ว่ารายงาน GDP จากสภาพัฒน์จะออกมาดีกว่าที่คาดการณ์ไว้ แต่เนื่องจากยังคงอยู่ในโซนการเติบโตต่ำ ประกอบกับการรีบาวด์หลังจากแรงเทขาย (Panic Sell) ในช่วงวันหยุดที่ผ่านมา จึงยังเป็นปัจจัยกดดันค่าเงินบาทในระยะสั้น Technical Outlook:
USD/THB Market Analysis: The Baht weakened slightly this morning following a 1.x billion THB sell-off in bonds by foreign investors. However, the Thai stock market remains bullish, particularly in big-cap stocks, causing the Baht to regain strength late morning. With Chinese markets closed for Lunar New Year, lower liquidity may lead to price volatility. Many
USD/THB Market Analysis: With the Dollar remaining stable while the Thai Baht leans toward appreciation, the overall recovery remains slight. Jobless claims data came in slightly worse than forecasted. แม้ทิศทางดอลลาร์สหรัฐจะยังทรงตัว แต่ค่าเงินบาทอยู่ในโทนแข็งค่า ส่งผลให้ภาพรวมราคามีการฟื้นตัวเพียงเล็กน้อยเท่านั้น ขณะที่ตัวเลขผู้ขอรับสวัสดิการว่างงานของสหรัฐฯ ออกมาต่ำกว่าที่คาดการณ์ไว้เล็กน้อย Technical Outlook: The price has begun to establish a support base around the 30.93 zone and rebounded to test the 31.10
Market Analysis: USD/THB pair maintains its bearish momentum despite the better-than-expected U.S. Non-farm Payrolls (133K) and a decline in the Unemployment Rate to 4.3%. Market reaction remained muted toward the USD, as the Thai Baht continues to strengthen, driven by sustained offshore inflows—notably a net foreign buy of 1 billion THB yesterday. USD/THB ยังคงมีแนวโน้มอ่อนค่าลงอย่างต่อเนื่อง แม้ว่าตัวเลขการจ้างงานนอกภาคเกษตร (Nonfarm Payrolls)
