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The baht rose past 33 per dollar to a seven-month high, and Kasikorn Research said it could strengthen further if the Federal Reserve signals a rate cut at its June meeting. The article covers the Fed meeting and the outlook for the dollar's decline.
Currency moves for a single Asian economy have little bearing on feed grain or meal prices. A weaker dollar would only modestly support dollar-priced commodities in general.
bangkokpost.comNareerat WiriyapongMay 6, 2025After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
