Thai Baht pressured near one-year low against US Dollar, OCBC says

FXStreet··Read original
3▲1 ▼0Impact / 5
Summary · why it matters

The Thai Baht is trading near its weakest level in more than a year against the US Dollar, according to OCBC analysts Sim Moh Siong and Christopher Wong. Volatile oil prices, a firmer US Dollar, and higher US yields are weighing on the currency.

Impact on assets 1

Others▲ · 1 stocks