Baht, 7-11 Oct., frame 30.40-30.70 baht / $ – innnews

Kasikorn Bank assesses the Thai baht movement framework. Between 7-11 Oct 19 at 30.40-30.70 baht per dollar The key factors that the market is waiting to follow are the negotiations on trade issues between the United States and China, the exit of BREXIT, including the direction of the US policy. From the minutes of the Fed meeting on 17-18 September, a statement by the Fed's senior officials. While the key US economic numbers are the consumer price index Producer price index September Import-Export Price Index and US Consumer Confidence Index (Initial) in October

However, the baht returned to appreciate at the end of the week. With the baht moving weakening in the beginning to the middle of the week According to the regional currency depreciation And risky assets selling amid worries about risk factors from trade wars, BREXIT and signs of a slowdown in manufacturing in the US and Eurozone.

In addition, the net sell status of Thai shares of foreign investors It is also a negative factor for the baht.