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Krungsri expects the baht to trade between 33.75 and 34.50 per dollar in the week ahead, after closing the prior week at 34.06. The dollar strengthened against most majors as the Fed signalled slower rate cuts and markets anticipated supportive policies under Trump.
Currency moves of this size have a limited direct impact on feed grain prices, but they shift Thai import costs for dollar-priced ingredients.
en.moneyandbanking.co.thbank financeDec 30, 2024Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
