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The Thai baht moved in a sideways range of 33.92-34.06 per dollar and was expected to trade between 33.80 and 34.15. The dollar weakened after Trump called on central banks to cut rates at the World Economic Forum, and US 10-year yields pulled back.
Markets raised the chance of two Fed cuts this year to 62%.
Expectations for Fed rate cuts and a softer dollar support emerging-market currencies and commodity prices. The effect on Thai feed demand is indirect.
pattayamail.comJan 24, 2025Not 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.
