- USDTHB: moving in the range 32.35-32.39 this morning, supportive level at 32.30 resistance level at 32.55
- SET Index: 1,284.8 (-1.21%), 12 Nov 2025
- S&P 500 Index: 6,850.9 (+0.06%), 12 Nov 2025
- Thai 10-year government bond yield (interpolated): 1.790 (-2.12 bps), 12 Nov 2025
- US 10-year treasury yield: 4.08 (-5.0 bps), 12 Nov 2025
- The Fed remains divided over a potential December rate cut
- White House says Trump hopes to sign bill Wednesday night to end shutdown
- Hassett opens to Fed chair, backs rate cut
- Japan finance chief warns as yen nears 155
- Dollar steadies ahead of house vote on government shutdown
The Fed remains divided over a potential December rate cut
Fed Governor Miran said policy is too restrictive and urged caution in interpreting inflation data, advocating more prudent balance sheet use. In contrast, Fed’s Collins said she favored holding interest rates steady amid still-strong growth that could slow or stall progress on cooling inflation. Fed’s Bostic emphasized that price stability remains the main risk, supporting steady rates until inflation clearly trends toward 2%, while describing policy as “marginally restrictive” but flexible if conditions change. Meanwhile, Fed’s Williams noted that bond purchases will resume once reserves are ample and that a balance sheet expansion may soon be needed, calling it a technical, not policy, move.
White House says Trump hopes to sign bill Wednesday night to end shutdown
US President Trump aims to sign a bill Wednesday night to end the government shutdown, White House Press Secretary Karoline Leavitt said, noting that the House vote on the clean continuing resolution will reopen the federal government.
Hassett opens to Fed chair, backs rate cut
National Economic Council Director Kevin Hassett said he would accept a nomination to replace Jerome Powell as Fed chair if offered. He expects a 25-basis-point rate cut but favors a larger 50-point reduction. Hassett also indicated he would shake up the Fed’s research division and invest in top forecasters using nonlinear time series models.
Japan finance chief warns as yen nears 155
Japanese Finance Minister Satsuki Katayama warned against excessive yen weakness as the currency neared 155 per dollar, saying the government is monitoring moves with urgency. She noted that the downsides of a weak yen are becoming clearer and pledged measures in the upcoming economic package to counter inflationary effects.
Dollar steadies ahead of house vote on government shutdown
The 10-year government bond yield (interpolated) on the previous trading day was 1.790, -2.12 bps. The benchmark government bond yield (LB353A) was 1.754, -3.00 bps. Meantime, the latest closed US 10-year bond yields was 4.08, -5.0 bps. USDTHB on the previous trading day closed around 32.48, moving in a range of 32.35– 32.39 this morning. USDTHB could be closed between 32.30 – 32.55 today. The dollar was flat amid limited catalysts and data disruptions from the government shutdown, though the House is expected to pass a funding bill tonight to reopen the government. Meanwhile, comments from Fed officials were mixed. The euro made modest gains but faced resistance near 1.1600, while the British pound initially weakened on reports of political uncertainty before recovering after the UK Health Secretary dismissed claims of a plot to oust the Prime Minister. The Japanese yen continued to underperform, with USD/JPY briefly returning to the 155.00 level.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
