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The Thai baht traded in a sideways range of 33.54-33.70 per dollar as the dollar weakened after mixed US PMI and consumer sentiment data. Gold prices rose and then started to decline on profit-taking.
The baht's gains began to fade as the dollar rebounded.
Routine currency moves in the baht have little direct effect on global feed prices. The story only describes short-term trading.
Not enough comparable past events yet for a historical read.
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.