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Brown Brothers Harriman says USD/THB bounced from support at 31.00 after the Bank of Thailand's surprise cut. The central bank expressed concern about baht appreciation hurting exporters, but BBH says high positive real rates and a solid balance of payments still support an underlying baht uptrend.
A persistent baht uptrend would reduce the competitiveness of Thai exports in feed-relevant markets. The effect on commodity prices is limited to currency-driven trade flows.
fxstreet.comFXStreet Insights TeamFeb 25, 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.
