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SCB X Public Company LimitedSCB X Public Company LimitedThe financial markets group at Siam Commercial Bank assesses that the baht will move in a range of 33.50 to 33.70 per dollar today. The baht and other currencies strengthened against the US dollar after the United States called off a planned attack on Iran at the last minute on Friday night. Markets also drew support from Pakistan and Iran opening the way for a new round of peace talks with the US. Global crude oil prices fell to 92.19 dollars, down 4.7 percent, while gold prices failed to break through resistance at 4,138 dollars, opening today at around 4,100 dollars. Key factors to watch this week include the US Federal Reserve meeting, which concludes on Wednesday and is expected to raise rates by 25 basis points, as well as the US Core PCE index, the Bank of Japan meeting, and the Bank of England meeting.
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