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The dollar has weakened to close at 106 yen, while investors are still worried about the global economic outlook. Although US government bond yields have stabilized
At 21:13, the time the Thai dollar depreciated 0.15% to 106.10 yen, while the euro fell 0.13% to 118.83 yen and increased 0.03% to $ 1,200. This is a measure of the dollar's movement against the basket's six major currencies, plus 0.06% to reach the 97.60 level.
Investors are still worried about the impact of the trade war between the United States and China. While President Donald Trump threatened that the United States impose an additional tax of 10% on goods imported from China, worth $ 300 billion. China reacted by allowing the yuan to fall below 7 yuan for a dollar. The Chinese government also ordered state companies to stop importing agricultural products from the United States.
In addition, many central banks, such as India, New Zealand and Thailand, have lowered their key rates. Is another factor that indicates the economic slowdown
US government bond yields rebound today After falling heavily yesterday
At 20:17, Thailand time, 10-year US government bond yields rebounded to 1.753%, while 30-year government bond yields rebounded to 2.275%.
US 10-year government bond yields continued to fall yesterday, down 1.60% to 1.595%, their lowest level since 2016, while government bond yields at 30 years have fallen to 2.13% level, which is close to the record level Amid fears that the US-China trade war is affecting the growth of the global economy
– InfoQuest Translation and compilation by Kongkiat Korawirakiti Tel 02-2535000 Email: [email protected]–
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