webfact Posted November 27, 2020 Share Posted November 27, 2020 Baht vulnerable to expected swings in stock markets By THE NATION The baht opened at 30.29 to the US dollar on Friday, unchanged from the previous day's close. The Thai currency is likely to move between 30.20 and 30.40, said Jitipol Puksamatanan, senior director of the chief investment office at SCB Securities. On Thursday night, the US stock market closed, while the Stoxx 600 in the EU fell by 0.1 per cent, despite no important movement occurring in the market. The price of WTI crude oil dropped by 1.6 per cent, after rising for four days. Meanwhile, the price of bitcoin collapsed by 14 per cent, after reaching a new high this week. Gold price was at $1,815 (Bt54,976) per ounce. In the financial markets, the dollar strengthened by 0.1 per cent. Jitipol explained that the main issues in the market at this time were Brexit, the development of a Covid-19 vaccine, and economic recovery at the end of this year. In Thailand, the baht moved in a narrow range. Foreign capital flowing into the country decreased on Thursday, which was Thanksgiving Day. In the next phase, the senior director warned investors about changes in stock markets that would possibly affect risk assets and currencies in emerging markets. Source: https://www.nationthailand.com/news/30398672 -- © Copyright The Nation Thailand 2020-11-27 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Kwasaki Posted November 27, 2020 Share Posted November 27, 2020 Calling 30-20 to 30-40 a swing. ???????? 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted November 27, 2020 Share Posted November 27, 2020 My weather forecast: tomorrow becoming light early, with mostly sunny conditions and temperatures slowly rising... How do they make such bold predictions? Link to comment Share on other sites More sharing options...
digger70 Posted November 27, 2020 Share Posted November 27, 2020 (edited) 8 hours ago, webfact said: Baht vulnerable to expected swings in stock markets What a load of drivel, No one knows what it's going to be . Edited November 27, 2020 by digger70 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now