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The baht fell to a one-month low of 32.85 per dollar after Fed chair Powell kept rates at 3.50-3.75% and sounded hawkish, ruling out near-term cuts. The Bank of Thailand also held its rate at 1%, and the US 10-year yield rose to 4.42% as Brent jumped 6% to US$118.
A firmer dollar and higher US yields tighten global financial conditions and can pressure dollar-priced commodities, though the Thai baht move itself is a local effect.
bangkokpost.comNareerat WiriyapongMay 1, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
