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Kasikornbank forecasts the baht will trade between 32.40 and 33.00 per US dollar in the week of October 27 to 31. The baht had tested a four-month low of 32.90 the previous week before partly recovering on foreign inflows into Thai stocks and bonds.
Key drivers flagged include Thai export data, the Federal Reserve meeting and the Bank of Japan meeting.
The baht's range reflects Thai import costs and regional currency flows, which have only a limited direct effect on feed commodity prices.
Not 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.