Thai baht weakens past 34.00 per U.S. dollar, signaling renewed downtrend amid trade policy concerns
1 Articles
1 Articles
Thai baht weakens past 34.00 per U.S. dollar, signaling renewed downtrend amid trade policy concerns
If the baht weakens beyond the key resistance level of 34.00 per dollar, it would confirm a renewed downtrend, as indicated by trend-following strategies. PATTAYA, Thailand – The Thai baht opened at 34.01 per U.S. dollar on March 27, slightly weaker than the previous day’s closing rate of 33.95. The currency is expected to trade within a range of 33.90-34.10 throughout the next 24 hours. Since the previous night, the baht has shown a gradual wea…
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