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The baht was quoted at 36.08 to 36.14 per dollar on July 12 with support at 36.00 and resistance at 36.20. The SET Index rose 0.46% and the S&P 500 fell 0.88% on July 11.
US June CPI rose 3.0% year on year, below expectations, and the dollar fell after the report.
The cooler US inflation print strengthens expectations of Fed cuts, which tends to weaken the dollar and support emerging-market currencies and commodity prices. Routine market levels like these have limited direct effect on feed prices.
ttbbank.comJul 12, 2024Not 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.
