Krungsri expects baht to trade at 32.80-33.40 this week, eyes on Fed and BOJ

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โดย Kaohoon·TH·Read original
Summary · why it matters

The Global Markets Group of Bank of Ayudhya, or BAY, expects the baht to move within a range of 32.80 to 33.40 per dollar this week, from September 14 to 18, 2026, compared with last week, when it closed weaker at 33.05 per dollar after trading between 32.81 and 33.17 per dollar. Foreign investors bought 1.39 billion baht of Thai stocks and 1.747 billion baht of Thai bonds, respectively. The market will be watching the US central bank's meeting on September 15-16, at which a 25 basis point rate hike is expected after the US August consumer price index showed inflation has yet to return to target. The Bank of Japan is likely to raise its policy rate to 1.25% on September 18, while the European Central Bank raised rates to 2.50% and signaled that it will keep monetary policy tight. On the domestic front, Thailand's consumer price index rose 2.53% in August from a year earlier, accelerating from 1.95% the previous month but still within the Bank of Thailand's inflation target range of 1% to 3%. The Ministry of Commerce expects headline inflation of 2.37% in the third quarter of 2026, accelerating to 2.70% in the fourth quarter of 2026.

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ECB rates
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▲ PositiveMonetaryrelevance

ECB raised rates to 2.50% and signaled tight policy, pushing euro-area yields up.