Baht Forecast to Strengthen as Dollar Weakens, Fed Rate Hikes End
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The baht is expected to rise to 35 to the US dollar next week as the greenback weakens.
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Investors forecast an end to Federal Reserve rate hikes, expecting rate cuts next year.
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The baht has been gaining this week in line with a weakening dollar and declining US bond yield.
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The National Economic and Social Development Council will announce Q3 GDP growth on Monday.
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Analysts predict the baht will move between 35.10-35.35 to the dollar next week.