Tag Archives: Baht
baht
Emerging Asian currencies and stocks surge anticipating Fed decision
Emerging Asian currencies and stocks experienced gains on Wednesday as traders awaited the US Federal Reserve’s policy decision. The South Korean won and the Thai baht led the way among currencies, rising by 0.6% and 0.5%, respectively.
Asian currencies face challenges as markets react to Trump attack fallout
The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.
Thai inflation target review could pave way for rate cuts
Key points: The Bank of Thailand, jointly with the finance ministry, is set to review the inflation target range of the country. This is a move that Prime Minister Srettha Thavisin believes could enhance the prospects of an interest rate cut. Such a decision to review comes after the central bank decided to keep itsContinue Reading
