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SCB X Public Company LimitedSCB X Public Company LimitedThe financial markets group at Siam Commercial Bank estimates the baht will move in a range of 33.35 to 33.60 per dollar today. The baht strengthened after the situation of tensions between the United States and Iran became less severe, causing Brent crude oil prices to fall quickly and the dollar index to weaken. However, overnight attacks resumed, keeping prices volatile. Meanwhile, the US Federal Reserve voted 9 to 3 to hold interest rates at 3.50 to 3.75 percent, with its statement still watching rising inflation. Fed Chair Kevin Warsh said financial conditions have already tightened even without a rate hike.
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