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The Thai baht weakened as much as 0.5% to 33.09 per US dollar, its lowest level since May 2025. Traders are pricing a possible quarter-point Federal Reserve hike by October, while Thai swaps imply a much smaller chance of a Bank of Thailand hike.
A weaker baht raises the local-currency cost of imported feed ingredients and fuel for Thai livestock and feed producers. The widening rate gap is driven by the dollar, not Thai fundamentals.
bloomberg.comMarcus WongJul 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
