Today is a holiday in many countries such as Australia, New Zealand, United State, Canada, United Kingdom, Switzerland, German, Singapore, Hong Kong, etc. But other stock markets still open such as Nikkei, Shanghai, SET, etc.
Dollars rose on Wednesday and slightly dipped lower on Thursday. In my opinion, EUR/USD may move between 1.220-1.2400 points. USD/JPY may swing between 107-105 points. I think yen may get positive support from economic data: jobs application ratio and industrial production of February at 0.6.30 a.m. that forecast well. Gold price may try to stay above 1325 USD.
Thai commercial banks: BBL, SCB, KBank, KTB and TMB are racing with Blockchain by no fee. This may the beginning of the change in financial market in Thailand because the scaring of new trend. While cryptocurrencies still stay in bearish trend, bitcoin may fall to 6,000 USD because of the stronger sell volume and Ethereum may reach the support line at 380USD.
By Niramon Nitnitiphruet
Financial analyst, Olymp Trade.