USD/THB Plunges as Weak US Economy Spurs Rate Cut Predictions
===============	
#fc1dd66c ver:0.17

The Thai baht depreciated against the US dollar as weak US economic data fueled rate cut predictions by the Federal Reserve. The USD/THB pair dropped to 36.10, with indicators suggesting a bearish sentiment in the short term. Kasikorn Bank forecasts a trading range of 36.50-37.00 baht per dollar next week, with factors like US indicators, GDP numbers, and inflation figures shaping the baht's performance. Despite concerns like capital outflows and rising government debt, there are expectations of improvement in the baht's fundamental factors over the year. #USD #THB #economy #ratecut #forex...

#newstr #Usd/thb #Forex #FederalReserve #InterestRateCuts #ThaiBaht #EconomicIndicators 

 https://here.news/story/fc1dd66c?ver=0.17